Archive for March 1, 2013

Kiran Energy commissions 55 MW solar plant in Rajasthan under the National Solar Mission

Kiran Energy has announced commissioning of its 55MW DC solar photovoltaic power project in Rawra village, Phalodi Tehsil of Jodhpur district in Rajasthan. The projects were set up under the second batch of Jawaharlal Nehru National Solar Mission (JNNSM), with three power purchase agreements with NVVN. The projects are undertaken in subsidiaries of Kiran Energy … Continue reading »

No barrier to India business, says US solar firm

According to reports, in the background of the US government taking India to the World Trade Organisation over India’s ‘local content requirements’ for solar power plants set up under Government of India programmes, US company First Solar has said it is not too bothered by such local content requirements. (The government has mandated local content requirements … Continue reading »

Rs 162.5 million for Chandigarh solar city project

According to reports, a sum of Rs 16.25 crore has been allocated to UT administration for implementation of Model Solar City Programme. Ministry for new and renewable energy has already chosen Chandigarh as one of the cities to be developed into a solar city. Six rooftop solar photovoltaic power plants have been set up with power … Continue reading »

Budget 2013: Govt eyes more investments in energy sector

According to reports, electricity generated from imported coal will become costlier by around 3.5 paise a unit after finance minister P. Chidambaram on Thursday removed duty concessions granted in last year’s budget. Instead, he imposed an equal duty on different types of coal imported for electricity generation in the budget for 2013-14. This follows an increase … Continue reading »

India’s February Demand for Clean-Energy Credits Weakens 34%

According to reports, demand for renewable-energy credits in India declined 34 percent in February from the previous month as regulators failed to enforce clean-energy targets for companies. Credits sold for 1,500 rupees ($27) each, the floor price set by the regulator, according to REConnect Energy Solutions Pvt., an Indore-based trader said. Of the total 2 million … Continue reading »

Extra support to power big growth in clean energy in India

According to reports, The Union budget 2013-14 proves to be overall positive for renewableenergy sector. While the wind power sector is happily looking forward to next growth trajectory, solar segment is little disappointed for not hearing anything to boost domestic manufacturing. But, other support measures, such as low interest loans and extension of tax exemption are … Continue reading »

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