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renewable power in India

Netherlands Company to Invest 200 Million Euros for Solar Panel Manufacturing Plant in Assam

The company has also offered tie up deals with the local partners, financial institutions in Assam. A Netherlands based company has expressed interest to invest around 200 million euros for setting up a Solar panels manufacturing plant in Assam. Alphonsus Stoelinga, Netherlands Ambassador to India along with his delegation met the chief minister Sarbananda Sonowal […]

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Czech Republic to Invest in Punjab, Envoy Met CM Amarinder Singh

The Ambassador further offered unique 15-seater aircraft for boosting regional mobility in Punjab. Punjab Chief Minister Amarinder Singh and Czech Republic Ambassador Milan Hovorka met each other to discuss and discover over investment opportunities in the field of manufacturing in Punjab. As per an official release, Hovorka and the accompanied high-level delegation possessed keen interest […]

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Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty

In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […]

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Game of Forecast

As per F&S regulations, it is clear that the wind and solar power generators connected to the State grid shall, either by themselves or through a QCA or through an Aggregator, Considering National Action Plan on Climate Change, Nationally Determined Contributions (NDCs), India’s national policies and other initiatives encouraging renewable, India has a massive target […]

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RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty

Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […]

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HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses

HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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