In order to reduce import dependence with regard to power and renewable energy equipment and to promote the Atmanirbhar Bharat initiative, a “Scheme for Setting up Manufacturing Zones for Power and Renewable Energy Equipment” has been proposed. It is proposed to set up three Manufacturing Zones over a period of three years. Assistance will be […]
IREDA Invites Bids For Rs. 4500 Crore Solar PLI Scheme
Big boost to domestic production of Solar PV Modules. Last date for application: 30th June Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE) has invited bids from solar module manufacturers for setting up solar manufacturing units under the central government’ Rs. 4,500 crore Production Linked […]
PLI Scheme ‘National Programme on High Efficiency Solar PV Modules’ Approved by Cabinet
Cabinet approves Production Linked Incentive scheme ‘National Programme on High Efficiency Solar PV Modules’ The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing […]
40% BCD on Solar Modules & 25% on Solar Cells With Effect from April 01, 2022 without Grandfathering of Existing Bid-Out Projects
40% BCD on Solar Modules & 25% on Solar Cells With Effect from April 01, 2022 without Grandfathering of Existing Bid-Out Projects Imposition of Basic Customs Duty (BCD) on Solar PV Cells & Modules/ Panels The following proposal of MNRE to impose BCD on solar cells and modules (without grandfathering of bid out projects) has […]
Highlights – Budget 2021-22
Ola to invest ₹24 Billion for world’s largest e-scooter factory
Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units Six months after it acquired the Dutch start-up Etergo B.V., Ola Electric has announced a Rs 2,400-crore ($320 million) investment plan to set up, what it calls, the ‘world’s largest’ electric scooter (e-scooter) manufacturing plant […]
Solar pv module imports to face 40% customs duty, cells 25%
The finance ministry will issue an order to impose a basic customs duty of 40% on modules and 25% on solar cells as part of the Atmanirbhar Bharat or self-reliant India strategy, Singh said in an interview India plans to impose new tariffs on imports of solar cells and modules from 1 April 2022, power […]
BPE Increases Production Capacity at their Noida State Of The Art Manufacturing Facility
India, New Delhi: Best Power Equipment’s India Pvt. Ltd (BPE) that provides end-to-end strategic power solutions for most critical applications and having more than 2 decades of manufacturing experience announced that the company has increased the production capacity at their Noida factory. The company has recently commenced the production of UPS from 600 VA to […]
Solar panels will be laid in Omkareshwar reservoir
BHOPAL: Within two days of the sweeping bypoll victory, chief minister Shivraj Singh Chouhan unveiled the blueprint for Atmanirbhar Madhya Pradesh by 2023 in Bhopal on Thursday. MP is the first state to release a roadmap for self-reliance on the strategy of Prime Minister Narendra Modi’s Atmanirbhar Bharat, the CM said at an event attended […]
Cabinet approves PLI Scheme to 10 key Sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports
Cabinet approves PLI Scheme to 10 key Sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat For more information please see below link: