Monthly Archives: July 2018

Home/2018/July

Suzlon wants to re-enter overseas markets: CEO J.P. Chalasani

Suzlon plans to re-enter the US, Europe, and India’s neighbouring countries and hoped to get some orders as early as next quarter, says CEO J.P. Chalasani Mumbai: Leading wind turbine maker Suzlon Energy Ltd is planning to re-enter the international markets, chief executive J.P. Chalasani has said. Pune-based Suzlon was on a leveraged expansion spree when [...]

By | 2018-07-30T04:17:25+00:00 July 30th, 2018|News|Comments Off on Suzlon wants to re-enter overseas markets: CEO J.P. Chalasani

Karnataka Now Produces More Renewable Energy than Netherlands and Denmark

    Karnataka, we hope you would be proud of yourself when we tell you that you're now a renewable energy leader. So much so that it is single-handedly producing more renewable energy than even European countries like the Netherlands and Denmark which produces around 7.7 GW of renewable energy. In the last 12 months, [...]

By | 2018-07-30T04:18:48+00:00 July 30th, 2018|News|Comments Off on Karnataka Now Produces More Renewable Energy than Netherlands and Denmark

Solar industry seeks urgent clarity on rate of GST on projects

The problem has genesis in the fact that concessional GST rate of 5% applies to solar power generating system, but solar power generating systems (SPGS) are is not defined in the law. New Delhi: Country’s solar industry has sent out an SoS to policymakers, including key officials in the  finance ministry, seeking urgent clarification on the [...]

By | 2018-07-30T03:00:17+00:00 July 30th, 2018|News|Comments Off on Solar industry seeks urgent clarity on rate of GST on projects

Uttar Pradesh annuls 1000 MW solar auction without citing any reasons

The UP New and Renewable Energy Development Agency (Upneda) held the reverse auction on July 11, at which winning tariffs varied between Rs 3.48 and Rs 3.55 per unit. Bengaluru: Uttar Pradesh canceled a 1000 MW solar auction it held earlier this month without citing any reasons but industry sources said it could be because the state government felt [...]

By | 2018-07-30T02:54:23+00:00 July 30th, 2018|News|Comments Off on Uttar Pradesh annuls 1000 MW solar auction without citing any reasons

NITI Aayog proposes nodal energy ministry to streamline governance

The Aayog has included the proposal in its second draft of the National Energy Policy following suggestions from its vice chairman Rajiv Kumar. New Delhi: The NITI Aayog has proposed a common nodal energy ministry on the lines of the model followed in various other countries to streamline governance among different ministries and departments pertaining to the crucial sector [...]

By | 2018-07-30T02:50:14+00:00 July 30th, 2018|News|Comments Off on NITI Aayog proposes nodal energy ministry to streamline governance

Recent 1 GW Solar Auction by Uttar Pradesh Stands Annulled

UPNEDA has cancelled the auction owing to steep tariffs The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has cancelled the recent auction for the development of 1 GW of grid-connected solar photovoltaic (PV) projects across the state. When contacted to confirm the development, a UPNEDA official told Mercom, “Yes, we have cancelled it [...]

By | 2018-07-27T11:31:34+00:00 July 27th, 2018|News|Comments Off on Recent 1 GW Solar Auction by Uttar Pradesh Stands Annulled

Shapoorji Pallonji Group in talks for IPO of solar EPC arm

Close to 80 percent of its revenues are secured from projects abroad, with its operations in 25 countries spread over the Middle East, Africa, Europe, the Americas and Australia. The Shapoorji Pallonji Group is currently in talks with an investment bank for an initial public offering (IPO) of its solar engineering, procurement, and construction (EPC) [...]

By | 2018-07-27T07:56:12+00:00 July 27th, 2018|News|Comments Off on Shapoorji Pallonji Group in talks for IPO of solar EPC arm

India lost 2 lakh jobs due to dumping of Chinese solar panels: Parliament Panel

India was one of the major exporters of solar products between 2006-2011 before China started dumping their products at the cost of Indian manufacturers exporter of the product, is estimated to have cost 2 lakh jobs, a parliamentary panel said and asked the commerce department to properly implement its probing arm DGAD's suggestions on cheap imports [...]

By | 2018-07-27T07:48:31+00:00 July 27th, 2018|News|Comments Off on India lost 2 lakh jobs due to dumping of Chinese solar panels: Parliament Panel

How multiple power projects are stuck in limbo in Tamil Nadu

  Several renewable and non-renewable projects in Tamil Nadu have either been delayed or are non-starters. Thermal projects like North Chennai, Uppur and Udangudi with a capacity generation of several thousand MW are nowhere near their scheduled date of commissioning. They were scheduled to be completed between 2019 and 2021. “Foundation for the Ennore expansion project, with a [...]

By | 2018-07-27T07:36:22+00:00 July 27th, 2018|News|Comments Off on How multiple power projects are stuck in limbo in Tamil Nadu

BEST to get 400000 hi-tech smart meters to track power consumption

  BEST is set to replace three lakh electricity meters of low-end residential consumers and one lakh high-end users in the island city with hi-tech smart meters.  The new meters will help gather real-time information of any meter from a centralised server. The installation has been proposed at an estimated cost of Rs 238 crore. This will [...]

By | 2018-07-27T07:31:59+00:00 July 27th, 2018|News|Comments Off on BEST to get 400000 hi-tech smart meters to track power consumption
Any Enquiry?
close slider