Tags: solar India

Need to focus on improving domestic solar manufacturing : MNRE Official

As Indian solar industry is heavily dependent on Chinese imports and COVID-19 outbreak has severely impacted installations, it is necessary to focus on improving domestic manufacturing, a senior government official has said.As much as 80 per cent of the demand for solar cells and modules are being met by imports from Chinese companies. Therefore, the […]

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COVID 19: Chandigarh not to impose penalty for not installing rooftop solar

Chandigarh Administration had earlier set March 31 as the deadline for rooftop solar installation in residential houses in UT, however, in the wake of lockdown the administration has decided not to impose any penalty on residents for now. The administration would hold a meeting once the lockdown is over to decide the future course of […]

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Kilaj Solar -arm of Adani Green Energy commissions 50 MW solar plant

Kilaj Solar an arm of Adani Green Energy commissioned 50 MW solar power project on Tuesday. The company in a statement said “Kilaj Solar (Maharashtra) Private Ltd, a step-down subsidiary of Adani Green Energy Limited (AGEL), has commissioned its 50 MW Solar Power Project having Power Purchase Agreement with Solar Energy Corporation of India (SECI) […]

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MNRE announces reduction in tariff by 70 paise under 2nd phase of the CPSU programme

The Ministry of New and Renewable Energy (MNRE) on Monday announced a reduction in tariff by 70 paise to Rs 2.8 per unit under the second phase of the Central Public Sector Undertaking (CPSU) programme for development 12 GW of solar projects. Besides, the ministry has also increased the timeframe for implementation of these projects […]

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IREDA appointed by MNRE to handle CPSU Scheme

The Indian Renewable Energy Development Agency Limited (IREDA) has been appointed by MNRE as the implementing agency to handle the Central Public Sector Undertaking (CPSU) Scheme Phase-II on its behalf in fresh amendments announced on Monday. As per the amendment “all issues regarding time-extension and dispute resolution on force majeure events will also be dealt […]

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India Ratings Withdraws Sterling and Wilson Solar’s NCD and CP ratings

The ratings agency India Ratings has announced that on request of Sterling & Wilson Solar it has withdrawn the ratings assigned on the Rs. 300 crore Commercial Paper (CP) programme of the Company on 09 April 2020. Sterling and Wilson Solar has fully repaid the CPs issued under the programme and there is no outstanding […]

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Sterling and Wilson Solar promoters facilitate repayment of Rs 500 crore

Sterling and Wilson Solar announced that its promoters have facilitated repayment of Rs 500 crore as per the revised schedule of repayment approved by the board. “Sterling and Wilson Solar Ltd (SWSL) has received additional Rs 500 crore against loans outstanding from Sterling and Wilson Private Limited (SWPL) and its subsidiary Sterling and Wilson International […]

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MNRE brings scheme for solarization of Sun-temple town Modhera in Gujarat

The Ministry of New and Renewable Energy (MNRE) has announced Scheme for Solarisation of sun-temple town of Modhera, District — Mehsana, Guiarat . The scheme aims at 100 per cent solarization of Modhera. The electricity demand of the household for domestic and agricultural purpose has been planned ot be fulfilled with solar energy under the […]

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Jakson signs PPA with APDCL for 70 MW Solar Project in Assam

Jakson Group, energy and EPC Solutions company has announced the signing of a Power Purchase Agreement (PPA) with Assam Power Distribution Company Limited (APDCL) for a 70 MW solar power plant at Amguri, Sivasagar District in Assam. The agreement signing ceremony was held at the CM Secretariat and presided by the Hon’ble Chief Minister of […]

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BELECTRIC completes 250 MW solar project in India on behalf of Fortum

BELECTRIC is increasing its footprint in Indian solar industry by completing a large scale solar project on behalf of Fortum Solar India Private Limited (Fortum). This project includes five sites in a solar park totaling 250 MW-AC. With this capacity, the solar power plant in Karnataka is amongst India’s largest installations. BELECTRIC carried out the […]

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