Petition of Tata Power Renewable Energy Ltd. for approval and determination of the compensation under “Change in law” on account of introduction of Safeguard Duty for 150 MW Solar Project For more information please see below link:
Install solar power panels on rooftops for home appliances, not in large farms or power plants
The main advantage of solar plants is that they can be installed at a micro level even on the rooftop, but the government is more focussed on larger plants. While the government is sure about reaching its ambitious solar capacity target of 100 GW by 2022, the industry voices do not seem too confident. The […]
IN THE MATTER OF: Imposition of Safeguard Duty on the Import of Solar Cells and Modules
IN THE MATTER OF: Imposition of Safeguard Duty on the Import of Solar Cells and Modules For more information please see below link:
One year after safeguard duty was imposed, results have been disappointing
Bridge to India report says the share of imported modules is still 90%, while domestic manufacturing is stagnating as developers wait for two-year duty period to end. BENGALURU: One year after India imposed an additional import duty on solar cells and modules to stimulate local production and reduce dependence on imports, no new domestic manufacturing […]
Case of M/s. Juniper Green Energy Private Limited seeking declaration of imposition of Safeguard Duty on the import of solar cells
Case of M/s. Juniper Green Energy Private Limited seeking declaration of imposition of Safeguard Duty on the import of solar cells vide Notification dated 30.07.2018 of the MoF, Government of India as an event of Change in Law For more information please see below link:
Solar power to get more profitable as power regulator lightens the safeguard duty burden
The Central Electricity Regulatory Commission (CERN) has allowed 5.4 GW solar power project by Bhadla Solar Power, to get its safeguard duty back. After the ruling, solar power producer will be compensated by law and will not have to wait for it for a year like the Bhadla park developer. After safeguard duty was imposed, […]
Safeguard duty reimbursement may restore returns for 5.4 GW solar projects
The Central Electricity Regulatory Commission’s (CERC) recent order entitling the developer of Bhadla solar park project to reimbursement of safeguard duty would set a beneficial precedent for as much as ~5.4 GW of solar projects. Potentially, this can add back 190-220 basis points (bps) to project equity returns. After the safeguard duty was imposed on […]
ACME Solar terminates deal with NTPC for 600 MW project, wants bank guarantee refund in 3 days
NTPC has decided to reduce the tariff by 31 paise from the allotted tariff of Rs 2.59 per unit if Acme denies the imposition of the safeguard duty. Acme Solar, one of India’s fastest growing companies in the solar energy sector, has refused to work on a 600 MW project of the NTPC. Acme Solar […]
Safeguard duty, auction woes hit solar projects
Capacity addition in 2017-18 was higher at 10,400 mw, while in the previous year, it was 9,100 mw, according to a senior official at the Ministry of New and Renewable Energy. Bengaluru: India’s solar energy success story is showing signs of slowing down, with capacity addition this fiscal falling short of target at a three-year […]
Solar energy developers sentiment low, capacity addition slows down: CRISIL Report
India has set an ambitious target of having 175 GW of renewables including 100 GW of solar energy by 2022. Inconsistent government actions cast a shadow over solar energy developers’ sentiment and slowed down capacity addition momentum, a report by CRISIL Research said Monday. India has set an ambitious target of having 175 GW of […]
