Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August Updated On Thu, Jul 30th, 2020 by Saurenergy Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […] Read more
Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […] Read more
Rs 50K Crore Loss in Forex if SPDs Exempted from Customs Duty: AISIA Updated On Tue, Jul 14th, 2020 by Saurenergy India will lose nearly Rs 50,000 crore in foreign exchange (forex) if SPDs are given exemption from basic customs duty on Chinese imports, AISIA has said. India will lose nearly Rs 50,000 crore in foreign exchange (forex) if solar power developers (SPDs) are given exemption from basic customs duty on Chinese imports, the All India Solar […] Read more
Germany Gets A Manufacturing Boost In PV From Meyer Burger Updated On Mon, Jul 13th, 2020 by Saurenergy Switzerland based Meyer Burger Technologies is moving fast to transform itself to an integrated PV manufacturer. The firm, which has made its reputation as a quality supplier of production equipment till recently, had declared its plans to move with forward integration sometime back. It has zeroed in on Germany for its first owned production line. […] Read more
Swelect Energy Systems Posts Rs 14.87 Crore Loss For March Quarter Updated On Thu, Jul 9th, 2020 by Saurenergy Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore. Indian solar module manufacturer Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore in […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports Updated On Mon, Jul 6th, 2020 by Saurenergy Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […] Read more
CEEW Recommends Green Energy Investments in COVID Recovery Strategy Updated On Fri, Jul 3rd, 2020 by Saurenergy The Council on Energy, Environment and Water (CEEW), along with the National Institute of Public Finance and Policy (NIPFP) has recently published a report that makes the case for India needing a new social contract based on a commitment to jobs, growth and sustainability, as it charts its way out of the COVID-19 pandemic. The […] Read more
