MPs Asked to Contribute Through Their MPLADS Fund for Solar Electrification of Villages Updated On Mon, Feb 20th, 2017 by Saurenergy The Atal Jyoti Yojna provides for 75 per cent of cost of solar street lighting through the ministry’s budget and the balance 25 per cent is to be provided from MPLADS funds, Panchayat and Urban Local Bodies’ funds. All Members of Parliament have been asked to contribute through their MPLADS fund towards providing solar powered […] Read more
India’s Northeast Region Embraces Clean Energy to Be Self-Reliant in Energy Sector Updated On Sat, Feb 18th, 2017 by Saurenergy The states in northeast region will play a major role in the production of clean energy in the country. Northeast region of India is gifted with rich natural and energy resources. With an aim to encourage clean energy, northeast has adopted various means of renewable sources to be self-reliant in the energy sector. Recently […] Read more
GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW Updated On Wed, Feb 15th, 2017 by Saurenergy Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
European Commission Approves French Solar Power and Hydropower Schemes Updated On Mon, Feb 13th, 2017 by Saurenergy European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […] Read more
Hyderabad Water Board to Utilise Solar Power to Cut Down on Bills Updated On Sat, Feb 4th, 2017 by Saurenergy To cut down the electricity bills, HMWS&SB will for the first time utilize solar power. The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) has decided to utilise solar power in order to save electricity bills. For this, the Water Board is seeking an allotment of Rs 50 crore funds in the state budget that […] Read more
Solar Power To Feed 7,000 Railway Stations: Arun Jaitely Updated On Wed, Feb 1st, 2017 by Saurenergy “It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […] Read more
BHEL Aims to Enhance Solar PV Business Updated On Wed, Feb 1st, 2017 by Saurenergy BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […] Read more
Government Should Remove Service Tax for the Installation & Commissioning of RE Projects: Vikram Solar Updated On Mon, Jan 30th, 2017 by Saurenergy Keeping in mind the nature of the industry and to bestow more power generation capacity under the RE Sector, the Government should remove service tax for the installation & Commissioning Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar in his budget expectation statement said keeping in mind the nature of the industry and to bestow […] Read more