Asian Development Bank and the US Agency for International Development will assist India in developing the clean energy infrastructure by collaborating on design and
Central Electricity Regulatory Commission (CERC) has slashed benchmark cost for solar PV projects for 2016-17 by 75 lakh per MW on likely fall in module prices. The CERC's benchmark cost for solar projects for 2015-16 is Rs 6.05 per MW, which will come down to Rs 5.30 crore per MW from April 1.
Nearly 5,700 MW of solar capacity is expected to be added during 2016-17, even as concerns over aggressive bidding and regulatory challenges persist, says rating agency Icra.
Renewable sector, currently a beneficiary of several indirect tax exemptions, may be a big loser if goods and service tax is implemented since the bill proposes to revoke most of these exemptions. Costs and tariffs are expected to rise by 12-20% as a result.
India can achieve greater success in its solar dispute with t
Montreal-headquartered pension fund Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s leading institutional fund managers with C$248 billion (US$186.50 billion) in net assets as at December 31, 2015, has announced the establishment of an office in New Delhi.
The government's prestigious environmental friendly project - Solar Rooftop Net Metering (SRNM) - is behind its target set by the Eastern Power Distribution Company of AP Limited (APEPDCL) covering five coastal districts.
India will get $421 million from an American financial institution for its solar and broadband projects to enable it to become a low carbon economy and expand the internet infrastructure.
Lapp India, a 100% subsidiary of the Lapp Group, Germany and a leading supplier of integrated solutions and branded products in the field of cable and connection technology in India has received ISO 14001:2004 certification from TUV Rheinland.
The actual capacity addition in solar power generation in 2015-16 should be 2,700 MW, compared to the target of 2,000 MW, cumulative capacity addition in solar power has already reached.
In a surprising ruling that runs counter to the agreements made at the Paris Climate Summit, the World Trade Organization has said that India may not protect local production of solar energy cells. The ruling came in response to a complaint from the United States, which claimed that India’s requirement that 10 percent of its solar panels be produced domestically amounts to restraint of trade.
RattanIndia Group firm RattanIndia Solar 2 Ltd has won solar project of 50 MW capacity at Allahabad in Uttar Pradesh. "The project was won at a tariff of Rs 4.43 per unit plus a viability gap funding of Rs 75 lakh per MW in reverse e-auction conducted by Solar Energy Corporation Limited (SECI).
Overall combined capacity of 440 MW was offered in this bid out of which 50 MW was for Allahabad. The land for the project will be provided by Uttar Pradesh. "RattanIndia has solar projects of more than 240 MW spread across various states of India. All of our solar farms have fully acquired land.
Earlier, RattanIndia had won 70 MW of solar project in Rajasthan through NTPC and 40 MW of solar project in Maharashtra through SECI.
The group is also implementing 10 MW of grid connected solar rooftop projects on CPWD buildings in Delhi and West Bengal which includes important government buildings like The Supreme Court of India and Krishi Bhawan.