Recently, Gujarat Urja Vikas Nigam (GUVNL) had conducted an auction with an allocation capacity of 500 MW. Azure Power has been selected to build about 52% of the total allocatedContinue Reading
India’s largest bank — State Bank of India (SBI) — is reportedly planning to launch several green bond issues to raise a total of $3 billion. It will target internationalContinue Reading
In comparison to the robust activity in June 2017, the month of August saw a 95% decline in solar auctions. Although the Solar tender announcements in the country increased byContinue Reading
Earlier this year, Solar Energy Corporation of India and NTPC’s ultra mega solar power project in Rewa, Madhya Pradesh, marked the beginning of low solar tariffs. The bid for theContinue Reading
Under the solar mission, India is supposed to have put in 5,000 megawatt of solar plants on the roofs of houses, apartments, offices, factories and other buildings by March 2017.Continue Reading
If the centers proposal goes through all hydro-power projects across the central, state and private sectors, irrespective of capacity will come under the renewable category. This proposal is in the wakeContinue Reading
India’s Rural Electrification Corporation (REC) today launched its first Green Bond on the London Stock Exchange and raised USD 450 million to finance renewable energy projects in India. The 10-yearContinue Reading
At the stroke of midnight on Friday,30th June 17, India’s goods and services tax (GST) become official. Reducing tax exemptions is one of the underlying principles of GST. Under theContinue Reading
