Tata Power commissions 50 MW solar DCR plant in Karnataka
Tata Power Renewable Energy Limited has installed a 50 MW solar PV project at Pavagada Solar Park in Karnataka under the country’s Domestic Content Requirement (DCR) program.
CEL announces 120 MW PV tender
Central Electronics Limited (CEL) has announced a 120 MW solar PV tender for the installation of various projects ranging from 500 kW to 3 MW in size. CEL has simultaneously released three more tenders related to solar cells and 100 kW PV installations on railway coaches.
GST leads to 12% increase in solar project costs – AISIA
All India Solar Industries Association (AISIA) has urged the government to remove the Goods and Services Tax (GST) from the balance of systems for solar equipment. The association said that components like inverters, cables and transformers under GST are charged at 5-8%. Previously, they were charged 2% central sales tax and no excise duty.
Tamil Nadu location for 130 MW NLC solar plant
The thermal energy giant of India has commissioned a 130 MW solar plant in the state of Tamil Nadu, comprised of two, 65 MW blocks across 655 acres.
Indian solar policy roundup 2017
MNRE head RK Singh delivers a lowdown on India’s current solar installations, recent policies that the government has initiated, and the customs issues with imported solar modules.
Gas utility GAIL connects country’s second-largest rooftop solar plant
GAIL, which is a state-owned provider of gas, commissioned a 5.76 MW rooftop PV array at its Pata petrochemicals plant in Uttar Pradesh at the end of 2017.
ReNew Power mulls purchase of Waaree Energies solar portfolio – reports
ReNew Power Ventures, which is backed by Goldman Sachs, is exploring an opportunity to acquire the solar assets of Waaree Energies ahead of a planned IPO, reports Mint.
India mulls solar cell import duty after petition by five local manufacturers
Five Indian solar firms have filed an application for the imposition of import duties on solar cells with the Directorate General of Safeguards in a move designed to boost domestic manufacturing and protect local interests.
Waaree Energies raises INR 1bn through Centrum-led investors
A structured credit deal has been struck between Centrum-led investors and Waaree Energies Ltd, an Indian solar power firm.
US to drag India back into WTO solar wrangle
Reuters reports that the United States is once again planning to take India back to a WTO ruling regarding an ongoing solar power dispute. Last year India lost the case against the U.S., which had alleged discriminatory practices in favor of domestic firms and against foreign competitors.
