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India will add 8.5-GW renewable energy in FY19, says ICRA

‘Clean energy share in total power output set to go up’ MUMBAI: The country’s renewable sector has so far seen a robust bidding activity providing a reasonably healthy visibility for solar and wind capacity addition in the next two fiscals, ICRA experts said. They expect capacity addition of about 8-8.5 GW in FY19. The share […]

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

Amendment in solar bidding norms positive, says Icra

The renewable energy ministry amended the bidding norms for solar projects on April 3 2018, wherein the “change in law” provision now applies to changes in taxation, duties and cess instead of change in taxation as applicable earlier, it said. The latest amendment in the solar project bidding norms is positive for solar developers but […]

REC Forms Subsidiary to Boost Renewable Power in Madhya Pradesh – EQ