Solar EPC Contracts Cannot be Composite as per GST, Rules Maharashtra Authority

Solar EPC Contracts Cannot be Composite as per GST, Rules Maharashtra Authority

In a recently issued order, the Maharashtra State Authority of Advanced Ruling (MSAAR) stated that the supply of turnkey engineering, procurement and construction (EPC) contract for the construction of a ...
CEL Issues Tender for Supply of 100 MW of Grid-Tied Central Solar Inverter

CEL Issues Tender for Supply of 100 MW of Grid-Tied Central Solar Inverters

The Central Electronics Limited (CEL), a public-sector enterprise of the government of India, is on the lookout for solar inverter suppliers in the state of Maharashtra. CEL has issued a ...
NLC India May Lose ₹1.36/kWh for 500 MW of Solar Projects Due to Delays in Commissioning

NLC India May Lose ₹1.36/kWh for 500 MW of Solar Projects Due to Delays in Commissioning

Neyveli Lignite Corporation (NLC) India might have to bear a loss of ₹1.36 (~$0.020)/kWh for the 500 MW of grid-connected solar photovoltaic (PV) projects, which are being developed in the ...
/ / Markets & Policy, Solar
Indian Solar Installations Grew by 123% to Reach a Record 9.6 GW in 2017

Indian Solar Installations Grew by 123% to Reach a Record 9.6 GW in 2017

Indian solar installations in calendar year 2017 grew exponentially with the addition of 9,629 MW in new large-scale and rooftop solar capacity. The installation total was more than double the ...
/ / Markets & Policy, Solar
Oriano Interview: India needs a proper rating system to drive rooftop solar adoption in SMEs

Oriano Interview: India Needs Proper Rating System to Drive Rooftop Solar Adoption in SMEs

Rooftop solar installations are definitely going to be a big part of India’s renewable growth story. In a country of billions, generating solar power at the point of consumption is ...
/ / Markets & Policy, Solar
Interview_ India Should Follow US and European Model for Import Duties

Interview: India Should Follow US and European Model for Import Duties

The current absence of an anti-dumping duty is hampering manufactures’ aspirations for expansion, according to Surana Solar Executive Director Manish Surana. Surana says India would benefit from analyzing the approach ...
/ / Markets & Policy, Solar
Anti-Dumping Duty Would Not Be Good for India in The Long Run

Longi Interview: Anti-Dumping Duty Would Not Be Good for India in The Long Run

The ongoing anti-dumping investigation has domestic manufacturers wondering about their fates. As the country looks toward a greener future with an expansion of the renewable energy sector in coming years, ...
/ / Markets & Policy, Solar
Market Forces Should Determine Solar Growth in India Without Subsidies

Interview: Market Forces Should Determine Solar Growth in India Without Subsidies

In line with the government’s ambitious renewable energy targets, India has seen an impressive increase in the rate at which these energy sources are being tapped for utilization. But given ...
/ / Markets & Policy, Solar
L&T Interview_ Government Should Focus More on Decentralized Solar

L&T Interview: Government Should Focus More on Decentralized Solar

The Indian solar sector has witnessed exponential growth in the past few years, thanks to supportive policies and the increasing experience of implementing agencies. The country has set an impressive ...
/ / Markets & Policy, Solar
Interview - Now is the Time to Invest in Solar Cell Manufacturing Lines in India

Interview: Now is the Time to Invest in Solar Cell Manufacturing Lines in India

With domestic solar module manufacturing capacity announcements on the rise and an anti-dumping investigation pending, now is an opportune time to start new solar cell manufacturing lines in India, according ...
/ / Markets & Policy, Solar
Luminous India Sees Big Growth for Residential Solar and Back-Up Power

Luminous India Interview: Residential Solar With Back-up Power Will See the Fastest Growth

The rapid growth in India’s solar sector is creating new avenues for companies to grow. In particular, the integration of solar with power back-up technology at the residential level is ...
/ / Markets & Policy, Solar
MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

Following a recent lull in tender activity, the Ministry of New and Renewable Energy (MNRE) is preparing to announce a spate of tenders for solar projects in the coming four ...
/ / Markets & Policy, Solar
Indian Solar Installations Totaled a Record 2.2 GW in Q3

Indian Solar Installations Totaled a Record 2.2 GW in Q3 as Uncertainties Loom

Indian solar installations totaled 2,247 MW in Q3 2017, up 300 MW from Q2 according to the recently released India Solar Market Update by Mercom India Research. However, like in ...
/ / Markets & Policy, Solar
RERC Sets Benchmark Tariff for Solar PV Projects in Rajasthan

RERC Sets Benchmark Tariff of ₹3.93/kWh for Solar PV Projects in Rajasthan for FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed ₹3.93 (~$0.06)/kWh as the generic tariff for solar PV projects without accelerated depreciation (AD) in Rajasthan. The tariff is levelized for 25 ...
/ / Markets & Policy, Solar
India Solar Auction Activity in September

India Solar Auction Activity Increases in September, Tender Announcements Fall

In September 2017, solar auction activity increased in India. Compared to the 76 MW auctioned in August, 602 MW of solar were auctioned in September. Meanwhile solar tender announcements witnessed ...
/ / Solar, Tenders & Auctions
Meeting Between Solar Industry Stakeholders and Minister of Power

What Happened in the Meeting Between Solar Industry Stakeholders and Minister of Power

Minister of Power R.K. Singh called a meeting yesterday with solar project developers and manufacturers to understand the state of the solar industry in India. In the meeting, Singh discussed ...
/ / Markets & Policy, Solar
Solar India

Anti-Dumping Tariff, Consistent Tenders Needed to Support Solar Manufacturing in India

The following is from a conversation Mercom India had with Sunil Rathi, director of sales and marketing for Waaree Energies on the current state of Indian solar market. What do ...
/ / Markets & Policy, Solar
Mercom REI Panel

Tariff and GST Uncertainty Are Only a Temporary Drag on India’s Solar Market

Tax confusion, uncertainty about anti-dumping tariffs, and stagnant demand are all affecting India’s solar sector, which witnessed relatively smooth growth in the last three-to-four years until the hiccup that began ...
/ / Markets & Policy, Solar
Tata Power Solar

Tata Power Solar CEO Says India’s Solar Manufacturing Sector Needs Support to Become Competitive

The following is from a conversation Mercom India had with Tata Power Solar CEO Ashish Khanna at the Renewable Energy Expo 2017 in Greater Noida, India. This is the first ...
/ / Markets & Policy, Solar
Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017

5 Reasons Why You Should Attend the Renewable Energy Expo 2017 As India’s largest cleantech conference opens, there are a lot of unanswered questions that everyone wants answers to. Here ...
/ / Markets & Policy, Solar
Solar Power in Q2 2017

India Generated 5.5 Billion Units of Solar Power in Q2 2017, an 87 Percent Increase Over Q2 2016

Solar in India accounted for 5.5 billion units of electricity produced in the country during the second quarter (Apr-Jun) of 2017, an 87 percent increase over the second quarter of ...
/ / Solar, Utility Scale
Financing Activity in the Indian Solar Sector So Far This Year

Solar Tender and Auction Activity in India Dropped Significantly in July 2017

Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable GST rates for solar, DISCOMs seeking lower tariffs after the Bhadla record-low bid, and ...
/ / Solar, Tenders & Auctions
Mercom India Solar Market Update

India Installs 4.8 GW of Solar in the First Half of 2017, Eclipsing All of 2016

1.9 GW installed in Q2 2017, over 10 GW projected in 2017 The Indian solar market added 1,869 megawatts (MW) in the second quarter of 2017, bringing installations in the ...
/ / Markets & Policy, Solar
GAT Update

GST UPDATE: Confusion Reigns around GST for Solar Systems, MNRE Wants 5 Percent Rate for All Components

There is still a lot of confusion around GST for solar systems, which has created a lot of uncertainty in the solar sector. Tender activity has come to a standstill ...
photovoltaic

India GST UPDATE: 5 Percent GST on Solar Modules, All Other Components at 18 Percent or Higher

India’s Goods and Services Tax (GST) rates for solar components have been finalized, government agency sources told Mercom, with GST rates expected to be 18 percent or more for some ...
/ / Modules, Solar