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Govt support to domestic solar manufacturing will lead to energy security, report says

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According to reports, the Indian government’s intent to recognize the strategic importance of solar manufacturing in the country needs to be backed with measures to help provide a level-playing field to build an economic scale and a supportive supply chain, according to a “white paper on solar manufacturing in India” brought out by the Indian Solar Manufacturers Association (ISMA) and consultancy firm KPMG. “The Indian Manufacturing Policy recognizes solar manufacturing to be of strategic importance. However, the solar manufacturing industry ... Read More »

APEPDCL signs agreement with Solar Energy Corporation

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According to reports, taking the initiative to ‘go green’ on energy front, the Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL) signed a power purchase agreement with Solar Energy Corporation of India, a Government of India Enterprise, in New Delhi, on Wednesday. As per the agreement, Solar Energy Corporation will be supplying 20 mw of solar power to APEPDCL for a period of 25 years at the rate of Rs. 5.50 per unit, with retrospective effect from April 28 of ... Read More »

Tata Completes 2-Megawatt Rooftop Solar Plant in India

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According to reports, Tata Power Solar Systems Ltd., a unit of India’s biggest industrial group, has completed a 2-megawatt solar rooftop plant in the country’s south. Panels were installed on top of spinning mills and a warehouse owned by Murugan Textiles in Palladam in southern Tamil Nadu state, according to an e-mailed statement today from Tata Power Solar. Murugan Textiles will expand the project to 3 megawatts next year, according to the statement. India’s government is seeking to promote rooftop ... Read More »

India’s largest ultra mega solar power plant planned in Madhya Pradesh

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According to reports, plans are afoot to set up the country’s largest ultra mega solar power plant (UMSPP) in Madhya Pradesh’s Rewa district, a senior official said on Thursday. The plant, to produce 700 MW of electricity, would require an investment of Rs 4,000 crore, state’s additional chief secretary for new and renewable energy S R Mohanty told PTI. The electricity from the plant would be available at Rs 5.40 paise per unit, which would be the lowest in the ... Read More »

India’s Uttar Pradesh Plans 300-Megawatt Solar Auction

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According to reports, India’s Uttar Pradesh state has invited companies to bid for contracts to build 300 megawatts of solar photovoltaic capacity. Companies must submit their bids by Sept. 8, the Uttar Pradesh New and Renewable Energy Development Agency said in a notice on its website. Separately, the agency is planning another auction of 20 megawatts aimed at developers seeking smaller projects of less than 5 megawatts, Namrata Kalra, a project officer at the agency, said by phone today. The ... Read More »

Business families’ next generation takes interest in solar power projects

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According to reports, it’s the land of the rising sons. Many second-generation entrepreneurs from families that run businesses ranging from alcohol to education are seeing a new dawn in solar energy. These families include those controlling the Emami Group, Ruchi Group, Mohan Breweries, Hero automobiles, Nova dairy products, Sintex water tanks, Cargo Motors and India Gate basmati producer KRBL. Business is easy and profitable, and brings tax benefits, the stamp of being eco-friendly, as well as unlimited, free supply of ... Read More »

Ladakh Hill Council wants share of solar revenue

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According to reports, the Ladakh Autonomous Hill Development Council wants a “revenue share” if solar power plants are put up in the region. “The land is vested with the Council,” asserts Rigzin Spalbar, Chairman and the Chief Executive Councillor of the body. The hills may look barren but they are rich in pastures where the Pashmina goats graze; and there is wild life, Spalbar, a Congress leader, told BusinessLine . The Council has said it will not allow the lands ... Read More »

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