Author: Saur News Bureau

APTEL Partly Allows Solar Firm’s Plea In Safeguard Duty Dispute

The Appellate Tribunal for Electricity (APTEL) has partially allowed an appeal filed by Adyah Solar Energy Private Limited against the Karnataka Electricity Regulatory Commission (KERC) and various electricity supply companies, including Bangalore Electricity Supply Company Limited (BESCOM). The tribunal’s judgment, delivered on May 30, 2025, settles key disputes related to safeguard duties, integrated GST (IGST), […]

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Jindal Stainless, Oyster Joins Hands For 282 MW Hybrid Plant

Jindal Stainless has acquired a 33.64% equity stake in Oyster Green Hybrid One Private Limited (OGHO), a special purpose vehicle (SPV) formed in partnership with Oyster Renewable Energy, said the company in a regulatory filing. Oyster Green, the SPV, is engaged in developing and operating renewable energy assets. The SPV is formed to develop a […]

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India To Create 73 Lakh Green Jobs By FY28, 3.5 Crore By 2047

India’s green sector is expected to add close to 7.29 million green jobs by FY28 and about 35 million new jobs by 2047, says a report from NLB Services. With a green economy on a trajectory towards $1 trillion by 2030 and $15 trillion by 2070, scaling green transformation is becoming a key priority for […]

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Green Stocks June 2- Stocks Struggle For Start In June

Keeping up with the weakness in May when lower-than-expected power demand led to worries for Green stocks June has brought no respite, going by the movements today. If most stocks slipped, the memo obviously did not reach Borosil Renewables, and Sterling and Wilson Renewable Energy both defied the trend to move up sharply. With a […]

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APTEL Orders CESCOM To Pay Azure Sunrise In Tariff Dispute

The Appellate Tribunal for Electricity (APTEL) has ordered Chamundeshwari Electricity Supply Corporation Limited (CESCOM) to comply with a 2020 ruling and pay Azure Sunrise Private Limited at the originally agreed tariff rate, following a prolonged legal battle over a solar power contract. In its order dated May 30, 2025, APTEL allowed Execution Petition No. 16 […]

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PM Surya Ghar: MNRE Invites Proposals For Innovative Projects

The Ministry of New and Renewable Energy (MNRE) has issued a call for proposals under the “Innovative Projects Component” of the PM Surya Ghar: Muft Bijli Yojana, inviting demonstrations of scalable technologies and business models to accelerate the adoption of rooftop solar (RTS) systems across India. The ministry is seeking pilot projects that showcase innovation […]

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Solar’s Next Big Challenge- Sustainable Growth

It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […]

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