Maharashtra

Solar Plants Seek Clarity on GST Rate

Solar plants industry seems to be divided with the developers and the manufacturers having distinct views on the advance ruling by the state advance ruling appellate. With Maharashtra and Karnataka’s Advance Ruling authority pegging GST rate for solar plants at 18 percent and 5 percent respectively, the solar industry seems to be in a jam […]

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Floating Solar Panels to Power Maharashtra

A study on the development of the projects for Maharashtra is in an advanced stage at the Ujani dam, while the Jayakwadi dam was later added to the project. Marathwada Statutory Development Corporation (MSDC), a body formed by the state government, has come up with a plan to erect floating solar panels in the backwaters […]

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Mytrah Energy Commissions Rooftop Solar Project in Maharashtra

The institute runs up an annual electricity bill of close to Rs. 15 lakh based on the current tariff followed by Mytrah Energy solar power plant. Leading solar power provider, Mytrah Energy has commissioned the operation of a 103.5 kWh rooftop solar power plant for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra. […]

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MSEDCL, MEDA Disagree over Solar Power Development

MSEDCL’s sister concern Maharashtra Energy Development Agency (MEDA) has been in comprehensive support to the solar developments with deciding to provide a subsidy on solar power from 2018-19. Maharashtra’s state-run electricity distribution company MSEDCL has been reluctant in supporting the development of solar power in the state by proposing a surcharge to be levied on […]

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BEE and AEEE Release ‘Energy Efficiency Preparedness Index’

The energy efficiency preparedness index aims at assessing state policies and programs aimed at improving energy efficiency across various sectors. As part of its commitment to create awareness about energy efficiency as a resource and also to develop an action plan for energy conservation initiatives, Bureau of Energy Efficiency (BEE) and Alliance for an Energy […]

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CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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Greenko Agrees to Buy Orange Renewables for $1 Billion

The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […]

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Tata Power Joins Hand with Tata Motors to Make Maharashtra EV Ready

Tata Motors has inked a Memorandum of Understanding (MoU) with the Maharashtra government to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the adoption of Electric Vehicles in the state.  Integrated power company Tata Power has joined hands with Tata Motors to make Maharashtra EV ready and to establish electric vehicle charging stations in the […]

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