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    GE Invests in 126 Megawatts of Wind Farms in India


    According to reports, a unit of General Electric Co. (GE) has invested in three Indian wind farms comprising 126 megawatts of capacity under development by Atria Power Corp. The first 25.6-megawatt project will be completed in Anantapur in Andhra Pradesh state in September, GE Energy Financial Services and Atria Power said in an e-mailed statement today. The companies didn’t disclose the terms of the deal. The two others, which are 50 megawatts each and located in Betul in the central ... Read More »

    Govt. considering DGAD views on solar cells dumping


    According to reports, the recommendations of The Director General of Antidumping & Allied Duties on putting anti-dumping duties on solar cell imports are under the consideration of the Ministry of Finance, Government of India, said Nirmala Sitharaman, the MoS in the Ministry of Commerce & Industry, in a written reply in Lok Sabha. DGAD has already stated that imports of Solar Cells, Modules or Panels, Thin Films from China PR, Chinese Taipei, Malaysia and USA are below the normal value resulting ... Read More »

    Govt restores accelerated depreciation scheme for wind energy


    According to reports, in a relief to wind energy projects, the government has restored the accelerated depreciation scheme for the sector. Generally, accelerated depreciation refers to calculation that allows for higher deductions towards deprecation in the early life time of an asset. “To encourage the wind energy programme, there is an accelerated depreciation. There was a confusion whether we have extended it or not. Members wanted it to be extended. I am, therefore, continuing with that accelerated depreciation,” Finance Minister Arun ... Read More »

    Bhel bags Rs 68 cr solar power project order


    According to reports, state-owned Bhel has bagged an order worth Rs 68 crore for setting up a solar power plant in Karnataka. The contract, received from Karnataka Power Corporation Ltd, is for setting up a 10 MW grid-connected solar power plant at Belakavadi village in Mandya. The scope of work in the turnkey contract envisages design, engineering, manufacture, supply, erection, testing and commissioning of the plant, among others, Bharat Heavy Electricals Ltd said in a statement. The power equipment maker ... Read More »

    Poor quality imports give India a bad experience of LED lamps


    According to reports, LED technology is considered the way forward in lighting but low-cost and inferior-quality imported products are severely harming the segment, say industry players. India needs to urgently formalise product standards and boost local production to popularise the product, they say. “Customers have had a lot of bad experience because of poor Chinese imports. Industry players through ELCOMA (electric lamp and component manufacturers association) have been pushing for BIS standards for LED products. Earlier, CFLs took that route ... Read More »

    Domestic solar cell makers set to vie with all countries save China


    According to reports, solar power project developers’ threat to import solar cells from countries such Japan, Korea, Singapore and others is music to the ears of Indian solar cell manufacturers. The manufacturers are of the view that it’s better to compete with these countries than “non-market” economies like China. “We have been saying the same thing over the past two years that anti-dumping duty would not have any adverse effect over the solar programme of the country,” said a senior ... Read More »

    Policy on rooftop solar power generation for Delhi soon


    According to reports, after years of wait, the decks are finally being cleared for rooftop solar power generation in the Capital. The Delhi Electricity Regulatory Commission is expected to notify the proposal, which will see solar units fixed on rooftops, in two weeks’ time. The initiative envisages individual households producing solar power for their own consumption and also decreasing the peak time load on the power network. The DERC is in the process of finalising regulations about its proposal to ... Read More »

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