Economic Survey 2022: India Steadily Advances Towards Its Sustainable Development Goals
Finance minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament. Published a day before the presentation of the Union budget, the Economic Survey presents a progress report of the ...
BCD Increase on Solar Inverters to be Considered as Change in Law: Rajasthan Commission
The Rajasthan Electricity Regulatory Commission (RERC) has ruled that the increase in rates of basic customs duty (BCD) on import of solar inverters along with integrated Goods and Services Tax ...
Can Solar Developers Take Advantage of Duty-Free Period Ahead?
Solar developers in India are facing two important dates - the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on ...
Month in a Minute: Top Headlines from Indian Renewable Sector in June 2021
Here is a recap of some of the most important headlines from June 2021: The Ministry of Power (MoP) has finally issued the rules concerning net metering for rooftop solar ...
Solar Industry Reacts: PLI Program Good for Large Manufacturers; MSMEs Left Out
India has launched a performance-linked incentive (PLI) program to support vertically integrated, gigawatt-scale manufacturing of high-efficiency solar modules. The implementing agency – the Indian Renewable Energy Development Agency (IREDA), has ...
Solar Will Lead All Power Generation in the Coming Decades
The Mercom India Solar Summit 2021 kicked off on April 8, 2021, with the session 'Keynote-State of Indian Solar market,' led by Priya Sanjay, Managing Director, Mercom India, and Raj ...
How Policy Flip Flops Hamper Growth of Solar Sector
India has set some lofty targets for renewable energy, including 175 GW of renewables by 2022 (100 GW from Solar) 450 GW of renewables by 2030 (unofficial). India is also ...
Safeguard Duty Extension Deemed as Change in Law for Tata’s Solar Project in Maharashtra
The Maharashtra Electricity Regulatory Commission (MERC) has accepted Tata Power Renewable Energy's (TPREL) petition seeking to declare levy of safeguard duty (SGD) on the import of solar cells as a ...
Here is the Solar Industry Wishlist for Budget 2021
Riddled with a pandemic and the subsequent lockdowns, 2020 was a year everyone wants to forget. The year was also adverse for the solar industry, which saw manufacturing and installations ...
SECI Payouts to Solar, Wind Developers up Slightly at ₹3.85 Billion in November 2020
The Solar energy Corporation of India (SECI) paid nearly ₹3.85 billion (~$52.6 million) to solar and wind developers in November 2020, which amounted to over 60% of the total amount ...
Safeguard Duty Reimbursement Only for Minimum Contracted Solar Capacity in PPA: KERC
The Karnataka Electricity Regulatory Commission (KERC) ruled that the imposition of Safeguard Duty (SDG) on imported solar cells and modules constituted a ‘change in law’ event. It said Fortum Solar ...
SECI Released Over ₹4.5 Billion to Clear Dues of Solar and Wind Developers in September
The Solar Energy Corporation of India (SECI) paid out nearly ₹4.53 billion (~$61.6 million) for solar and wind power purchases in September 2020, according to the latest data. This amounted ...
Solar Association Asks Government to Defer Basic Customs Duty Imposition by 18 Months
The Solar Power Developer's Association (SPDA) requested the central government to reconsider its decision of imposing Basic Custom Duty (BCD) on solar cells and modules and postpone its implementation by ...