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No impact of GST on renewables, no need for lower taxes: Piyush Goyal

According to reports, with renewables tariff already touching new lows, Power Minister Piyush Goyal today said there was no need for lower taxes to encourage clean energy and the GSTregime will have no impact on power rates. However, the minister is hopeful that lower GST rate of 5 per cent on coal, compared to existing 11.69 per cent, would help discoms provide power at affordable rates. “We don’t need support of lower taxes to encourage renewable energy. By itself, it is ... Read More »

Mumbai society switches to solar power, will save ₹5 lakh a year

According to reports, Grace Co-operative Housing Society, Vasant Oscar, Mulund (West), switched to solar energy last month and will save Rs 5 lakh per annum in electricity bills, which means a monthly saving of Rs41,000. It got solar panels installed that help light up elevators and common areas of five buildings in the society, which has 160 apartments. The residents of the society have also been segregating their organic waste and recycling it to manure to ensure the 100-odd trees they ... Read More »

MP govt to provide subsidised solar water pumps to farmers

According to reports, the Madhya Pradesh government would soon provide nearly 18,500 solar-powered water pumps to farmers in the state at subsidised rates. “We are going to make available solar borewell and surface pumps fitted with remote monitoring system to the farmers under the Madhya Pradesh Chief Minister Solar Pump Scheme shortly,” New and Renewable Energy Department Principal Secretary Manu Srivastava told PTI. “The rates of solar pumps already arrived at after the bidding are the lowest in the country. ... Read More »

In 10 yrs, renewable sources will dominate half of India’s energy capacity

According to reports, non-fossil fuels–renewables, nuclear and large hydroelectric power plants–will account for more than half (56.5%) of India’s installed power capacity within the 10 years to 2027, according to a draft of the third National Electricity Plan (NEP3) released in December 2016. The draft notes that if India achieves its target to install 175 gigawatts (GW, which consists of 1,000 megawatts) of renewable energy capacity by 2022–as it has committed to under the 2015 Paris Agreement–it will not need ... Read More »

Tata Power, RInfra jump to solar rooftops

According to reports, thanks to ‘net metering’, grid-connected solar rooftop photovoltaic systems are gaining popularity among commercial and residential users, and power distribution companies (discoms) such as Reliance Infrastructure (RInfra) and Tata Power are making the most of it by helping them with the installation. Under the ‘net metering’ policy, if a consumer installs rooftop solar plant, his electricity meter is replaced by ‘net meter’ which can measure import and export of energy. Hence, there is no need to store ... Read More »

Solar targets: High time government takes cognizance of huge potential of BIPV

According to reports, BUILDING INTEGRATED photovoltaic has a much wider application than rooftop solar alone. The government has set up an ambitious target to develop 175 GW renewable energy by 2022, comprising of 100 GW Solar, 60 GW wind and 10 GW biomass and 5 GW small hydro.Of the total 100 GW solar installations,40 GW would be rooftop and balance 60 GWwould be ground-mounted utility scale. The draft NEP (National Electricity Plan) envisages another 1,00,000 MW of renewable energy during 2022-27. ... Read More »

Andhra Pradesh power regulator, main generation company spar over wind energy tariff

According to reports,  Andhra Pradesh, the most aggressive state in building renewable energy capacity last year, may soon lose its momentum because of a standoff between the state’s power regulator and its main generation company over the future cost of wind power. As it does every year, on March 30, the Andhra Pradesh Electricity Regulatory Commission (APERC) passed an order setting down the preferential tariff the state would pay for wind power in 2017-18. But the state’s main generation company, ... Read More »

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