India

NUSRL becomes First Law University to Use Solar Energy

From August 1, 2018, the varsity’s Girls’ and Boys’ hostel of NUSRL would be completely powered by the solar panels which will be inaugurated on the orientation ceremony for the next batch of the university. National University of Study and Research in Law (NUSRL), Jharkhand has become the first law university in the country to […]

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India Imposes 25% Safeguard Duty on Solar Imports

Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […]

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Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21

The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […]

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Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra

The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017.   India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […]

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Tata Power Shareholders Nod to Raise Rs 5,500 Cr via NCDs

BSE filing states that Tata Power had sought shareholders’ permission to issue NCDs at the annual general meeting held last week. Tata Power claims it has got shareholder’s nod to raise Rs. 5,500 crore through issuance of Non-Convertible Debentures (NCD) on private placement basis. A BSE filing states that the company had sought shareholders’ permission […]

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SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender

The deadline of the bid submission has been extended up to September 4, 2018. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender of 150 MW grid connected floating solar power project to be installed at Rihand Dam, Uttar Pradesh. The deadline of the bid submission has been […]

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Solar Industry Seeks Clear GST Rates on Solar Projects

The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […]

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SMEV Seeks Efficiency Based Subsidy for EVs

SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […]

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Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP

Inaugurated by PM Modi, the stations and the swapping technology are the part of Essel Group’s Essel Green Mobility Limited program. The initiative comes along an investment of Rs. 1750 crore. To foster the use of Electric Vehicles in the country, the ESSEL Group’s Essel Infraprojects (EIL) has launched its electric vehicles charging stations and […]

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