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12% GST on RECs: Renewable power companies move Delhi High Court

By : Sustainability ..., Apr 18, 2019

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from the goods and services tax (GST). The case will also have implications...

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Rajasthan 750 Mw solar auction: Five firms to invest Rs 3,000 crore

By : Sustainability ..., Mar 7, 2019

Rajasthan’s solar energy sector continued to enjoy the confidence of power project investors who bid aggressively for 750-megawatt (MW) capacity put up by the state government for near all-time...

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Gujarat finds solar tariffs high, cancels auction

By : Sustainability ..., Jan 25, 2019

The Gujarat government has cancelled the solar auction for 700 MW it held in December on the grounds that the winning tariffs reached were too high. 

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Centre drops plan to install 12 Gw solar capacity through NTPC

By : Sustainability ..., Dec 14, 2018

The government has dropped its plan to install 12GW of solar capacity out of total 15 GW envisaged through state-owned NTPC as solar tariff dipped recently, Parliament was informed Thursday....

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Azure Power signs Letter of Award with NTPC for 300 MW solar power project

By : Sustainability ..., Nov 1, 2018

Solar power producer Azure Power today announced it has signed a Letter of Award (LoA) with NTPC Ltd for a 300 Megawatt solar power project. Azure had won the project in an auction conducted by...

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Uttar Pradesh 500MW auction discovers tariff above Rs 3 per unit

By : Sustainability ..., Oct 11, 2018

Higher land and borrowing costs have kept solar power tariff above Rs 3 per unit in the 500 MW capacity auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), a...

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SoftBank to offer ISA members free power from solar plants after 25 years of PPA

By : Sustainability ..., Oct 4, 2018

SoftBank Group’s chief executive officer Masayoshi Son on Wednesday said his company is willing to supply free power from solar projects after the completion of the 25-year tenure of power...

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Solar tariffs set to rise on rupee depreciation, rising interest rates, safeguard duty

By : Sustainability ..., Sep 4, 2018

Solar power tariffs are facing upward pressure thanks to the latest Depreciation of the Rupee against the Dollar, imposition of safeguard duty and rising interest rate scenario....

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Maharashtra power utility starts converting agricultural feeders to solar

By : Sustainability ..., Sep 4, 2018

MSEDCL has started converting agricultural feeders to solar. Initially, 500 MW load will go solar. Energy minister Chandrashekhar Bawankule has decided to convert entire farm pump load to solar...

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India tries one-off smaller solar tender with low ceiling to shrink tariffs

By : Sustainability ..., Aug 31, 2018

India’s Ministry of New and Renewable Energy (MNRE) has written to the Solar Energy Corporation of India (SECI) directing it to hold a one-off smaller 1.2GW solar tender with a significantly...

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