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Noida- First Electric Vehicle Charging Station in Noida’s society – EQ Mag Pro

It will be available for use from January 26, 2022 In order to facilitate a shift towards electric vehicles in Noida, an EV charging station is being set up in Prateek Wisteria, Sector 77. It will be available for use from January 26, 2022. This move has been taken by ACDC electric in association with […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

Not All Disputes Are Amenable To The Jurisdiction Of Electricity Commission: PPAs Cannot Be Terminated During Moratorium

The Hon’ble Supreme Court in its order dated 08.03.2021 in the matter titled Gujarat Vikas Nigam Limited Vs. Mr. Amit Gupta & Ors. (“Instant Matter”),while upholding order of the National Company Law Appellate Tribunal (“NCLAT”) held that National Company Law Tribunal (“NCLT”) has jurisdiction to adjudicate contractual disputes which arise solely from or which relate […]

SECI Allocates 600 MW Solar Projects at Record-Low Tariff of USD-0.036/kWh – EQ

Quote from Amit Gupta, Director – Legal and Corporate affairs, Vikram Solar

We would like to congratulate Hon’ble Finance Minister for a bold and progressive reform of reducing the corporate tax rate to 22%, it was a much needed relief that is expected to boost private investment in the country. In order to promote growth in manufacturing units the rate of Minimum Alternate Tax is reduced from […]

Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ

Pre-Budget quote | Mr. Amit Gupta, Director- Legal & Corporate Affairs, Vikram Solar

“Our expectation from the budget would be that it focuses on policy direction, rather than just on expenditure. The finance ministry should announce the road map to bring down corporate tax to 25% in the coming years. Minimum Alternate Tax (MAT) can be brought down for units operating in Special Economic Zones (SEZs) in order […]

Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ