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    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 »

    Russia’s Rosatom may acquire wind power projects in India

    According to reports, attracted by the opportunities in India’s green energy space, Rosatom State Atomic Energy Corp. is planning to enter the country’s renewable energy sector. To start with, the Moscow-based Rosatom, through its unit JSC OTEK, may acquire wind energy projects in India. Rosatom, which has a partnership with state-run Nuclear Power Corp. of India Ltd (NPCIL) for the Kudankulam nuclear plant in Tamil Nadu, is also planning to set up small hydropower projects in the country. “They are ... Read More »

    Coal India will set up 1,000 Megawatt solar power generation capacity: Piyush Goyal

    According to reports, power, coal, mines and renewable energy minister Piyush Goyal has announced that state-owned miner Coal India Ltd (CIL) will set up 1,000 Megawatt (Mw) solar power generation capacity in a bid to reduce its carbon footprint. “Power PSUs are working on switching to renewable energy sources for generation of power. Coal India is also working to set up 1 GW of solar power generation. We will continue to work towards achieving 10 GW of renewable power capacity ... Read More »

    Karnataka discoms barred from buying more wind power

    According to reports, Thermal power plants are facing the heat from wind energy, prompting the regulator in Karnataka to order distribution companies to stop signing any power purchase agreement (PPA) with wind electricity suppliers until further notice. In an April 25 letter to Rajneesh Goel, additional chief secretary with the energy department of Karnataka, the Karnataka Electricity Regulatory Commission (KERC), noted that the state has already signed enough PPAs with renewable energy developers to ensure it fulfils its renewable purchase obligation (RPO), ... Read More »

    Govt imposes one-year ban on 71 solar panel companies

    According to reports, the government has barred 71 firms from rooftop solar projects for a year by removing them from the panel that makes them eligible to bid. These include Amra Raja Electronics Ltd, Cleantech Synergy, Hollandia Power Solutions, IL&FS Energy Development Co and Jindal Green Technologies. The government has written to the companies saying they had failed to update details of the projects that they had executed. “Empanelled companies offer solar panels, which are technically complaint with standard requirements. All ... Read More »

    Indian solar panel makers demand anti-dumping duty against China

    According to reports, in a fresh attempt to bar Chinese solar panel makers from flooding the Indian market at an ultra-low price, the domestic companies approached the Directorate General of Anti-Dumping (DGAD), requesting an imposition of a duty on importers. The application has been filed against China, Malaysia and Taiwan. The domestic industry via the Indian Solar Manufacturer’s Association (ISMA) pleaded that as the imports led to considerable damage to the indigenous sector; a retrospective duty should be imposed. Business ... Read More »

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