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Daily Archives: June 13, 2017

Vikram Solar scales up manufacturing capacity to 1GW

According to reports, solar power solutions provider Vikram Solar has announced it has achieved 1 GW (1000 MW) of manufacturing capacity and outlined its vision to take it up to 2 GW by 2020. The company, which provides end-to-end solar photovoltaic solutions, sees this as a major contributor towards the 100 GW target set by the Government by 2022. With a capacity of 1 GW, Vikram Solar believes it is well equipped to cater not only to the Indian needs ... Read More »

With 50 Mw plant in UP, Adani Group’s solar capacity rises to 838 Mw

According to reports, infrastructure conglomerate Adani Group on Tuesday announced commissioning of a 50 megawatts (Mw) solar photovoltaic (PV) plant in Mahoba, Uttar Pradesh, with an investment of Rs 315 crore, under the National Solar Mission Scheme. In a first, the plant will use String Inverter Technology with crystalline silicon modules allowing miniature level control of solar power generation. Power generated by the plant will be transmitted through 21.5 kilometre (km) 132 kilovolts (Kv) transmission line connecting with UP Power ... Read More »

Should India worry about rising solar trade deficits?

According to reports, India’s solar power programs started long back in the 1980s but the growth remained slow for a substantial part of the last three decades. As a result, India remained one of the laggards in terms of solar capacity addition and solar energy production. More importantly, domestic solar component manufacturing could not metamorphose due to inadequacy of proactive policy forming and implementation. The launch of Jawaharlal Nehru National Solar Mission (JNNSM) on 11 January 2010 provided much-needed impetus for ... Read More »

“GST is likely to increase solar power project costs by at least 10%”

According to reports, the GST regime will cause a tectonic shift in India’s taxation history. I foresee transparency in the business chain which will enable significant value creation for the Indian economy. While this might require a shift in mind-sets of companies – from the way they do business, to the fact that all channels will have to be digitalised at every stage – the goal is perfection in execution to achieve transformation. When one looks GST’s impact sector-wise, the ... Read More »

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