Budget 2020

Floating Solar, Agro PV will Open New Horizon for Solar Energy: Rajneesh Khattar

I handpick bifacial modules in addition to solar plus storage solutions that would be most relevant for meeting requirements. Also electric vehicles plus solarised charging stations will embark upon new era of energy revolution. Floating solar and agro PV (Being newer applications though!!) will open up yet another horizon of mass consumption of solar energy […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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Safeguard Duty Knots. Azure Power Wins Reprieve from CERC

Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […]

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Here’s how Indian Solar Industry Evaluates the Budget 2020

The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]

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KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers

Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […]

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Budget 2020 and Renewables. An Evolving Story

In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […]

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Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020

Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […]

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Economic Survey 2019-20. Opportunity Ignored?

The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […]

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Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz

With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […]

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