Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’ Updated On Fri, Feb 2nd, 2018 by Saurenergy Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […] Read more
Budget 2018 is Favorable for Power Sector & Saubhagya will Boost Demand Updated On Fri, Feb 2nd, 2018 by Saurenergy The vulnerability over the inconvenience of duty – import duty, shield obligation and hostile to dumping duty – including courses of events and their quantum proceeds for the solar energy sector. The Union Budget for 2018-19 is probably going to have a generally positive effect on the power aspect with the push towards extending power […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Pacifico Energy Raises 15.5 Billion Yen for Its First Solar Fund Updated On Thu, Feb 1st, 2018 by Saurenergy Pacifico plans to launch additional renewable energy funds in the future incorporating a pipeline of its own developed solar projects and carefully chosen external solar assets. Pacifico Energy K.K. has announced it has successfully completed the launch of its first solar investment fund. The Fund will be comprised of 5 Japanese solar power plants totaling […] Read more
Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh Updated On Thu, Feb 1st, 2018 by Saurenergy Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
Dipti Swain Joins Azure Power as General Counsel Updated On Thu, Feb 1st, 2018 by Saurenergy Dipti has a number of publications to his credit in various national and international journals and is visiting faculty at law schools. Azure Power, a leading independent solar power producer in India, announced the appointment of Dipti Swain as the General Counsel of Azure Power. Swain comes on board with 12 years of diversified work […] Read more
Ireda and Rumsl Signs Agreement for Large-Scale Solar Parks in Madhya Pradesh Updated On Wed, Jan 31st, 2018 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today for financing the shared infrastructure of two large Solar Parks in Madhya Pradesh. Ministry of New & Renewable Energy (MNRE), World Bank & IREDA have been able to work out a proposal to channelize US$ 100 Million […] Read more
Azure Roof Power to Electrify 152 Schools under MHRD Across Six States Updated On Tue, Jan 30th, 2018 by Saurenergy Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […] Read more
