Press Coverage
Published Date
News
August 29, 2018
Power regulator told to pass on changes in duties to consumersA time-bound process would eliminate financial uncertainties for stakeholders – be it developers, lenders or the DISCOMs. It is a particularly big relief to solar PV power developers seeking pass-through for the impact of goods and services tax (GST) on project costs. Read More
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August 20, 2018
Will the falling rupee scupper India’s solar dream?The rupee’s weakness is driven by the fact India is a net importer, and needs more dollars annually to keep purchasing goods. The fall does not bode well for the import-driven Indian solar sector which, in 2017, received shipments of PV modules and cells amounting to nearly $4.12 billion, a 43% increase on the $2.88 billion shipped to the nation the previous year. Read More
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August 13, 2018
Solar industry fears dark days ahead: Imposition of duty on import of cells threatens projects, say developersThe imposition of a 25% safeguard duty on import of solar cells and modules from China and Malaysia has the industry in a tizzy, with developers holding that the average tariff hike of 40 paise/kWh the move would necessitate jeopardises the future of projects bagged aggressively. The record tariff of Rs 2.44/kWh touched in May, 2017 was replicated as recently as July this year... Read More
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August 01, 2018
Solar safeguard duty seen risking sector’s securityThe imposition of the 25% safeguard duty on solar cell imports will raise power tariffs and have significant implications on the renewable capacity addition programme, a section of solar plant developers and domestic manufacturers have said... Read More
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August 01, 2018
Safeguard duty to jack up solar tariffs by 35 paise, dent solar's competitiveness: ExpertsThe government’s latest decision to levy safeguard duty on solar cells imported from China and Malaysia is likely to jack up capital costs of solar power projects by 15 per cent resulting in a 30-35 paise per unit increase in electricity tariffs for such projects, experts say. .. Read More
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July 30, 2018
Solar industry demands urgent clarity on rate of GST on projectsCountry's solar industry has sent out an SoS to policy makers, including key officials in the financeNSE -0.97 % ministry, seeking urgent clarification on the rate of goods and services tax (GST) on solar projects after controversial Authority for Advance Rulings (AAR) held these would face 18% and not 5%. This, the industry fears, could not only derail its whole arithmetic on tariffs and render projects unviable but also dent Prime Minister Narendra Modi's plan for 100 gigawatts by 202 .. Read More
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July 26, 2018
Solar developers ask government to rethink on manufacturing-linked tenders Solar project developers have requested the government to reconsider the proposed large scale, manufacturing-linked solar power tenders, saying it would compel them to foray into equipment manufacturing, which is a completely different business requiring different skillsets. Risks involved in setting up of power projects and venturing into manufacturing of Read More
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July 23, 2018
Solar Developers Request Exemption from Safeguard Duty for Ongoing Projects As the ongoing uncertainty around Safeguard Duty imposition looms large over the domestic solar sector, the Solar Power Developers Association (SPDA) has written to the commerce ministry seeking complete exemption of the duty for projects currently under development. To give some context to the fate of Safeguard Duty, the Directorate General of Trade Remedies (DGTR) recently recommended a 25 percent safeguard duty on solar cell and module imports from China and Malaysia for the first year, Read More
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July 22, 2018
SPDA seeks complete exemption from safeguard duty on solarSolar Power Developers Association (SPDA) has sought compplete exemption of safeguard duty on solar equipment for onggoing project, saying such a move can jeopardise investments .. Read More
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July 18, 2018
25% safeguard duty will threaten ongoing solar PV projectsSolar PV industry analysts and project developers in India feel that imposing a 25% safeguard duty on solar cells and modules from China and Malaysia will be a negative step in the overall goal for decarbonizing the energy sector in India, where tremendous progress has been made in the last four years. Levying such duties will drastically affect solar power developers and capacity addition targets set by the government of India. Read More
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July 17, 2018
Solar import duty to drive costs, local firms may not gain The Directorate General of Trade Remedies' recommendation on Monday to impose a 25% safeguard duty on solar component imports is a double-edged sword, according to analysts, as it will spur domestic manufacturers of these components, but will also raise costs for projects planned on cheaper, imported components, by about 15-20%.Read More
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June 28, 2018
SEZs may throw a spanner in the works for proposed safeguard duty on imported solar cells A proposal seeking safeguard duty on imported solar cells and modules could get derailed due to difference among manufacturers on whether projects under Special Economic Zones (SEZs) should also get protection. A safeguard duty is levied to prevent product imports into the country from causing harm to domestic manufacturers of these products. The duty also has a provision to compensate for the injury caused because of the imports that have happened till now.Read More
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June 26, 2018
Impose 95% safeguard duty on solar cells import: ISMA According to Solar Power Developer Association, the imposition of safeguard duty can jeopardise India's ambitious target of having 100 GW by 2022 as it would directly impact 25 GW capacity which either tendered or being tendered.Read More
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June 24, 2018
Safeguard duty on solar equipment may hit India's 100 GW target: Industry Solar power developers have expressed concerns that safeguard duty on solar equipment may jeopardize India's target of installing 100 GW capacity by 2022 as it would directly affect 25 GW volume under various stages of implementation and hit thousands of jobs in the segment..Read More
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June 22, 2018
Developers to get 2 yrs now for implementing solar project The government has decided to increase to 2 years the time given to developers for setting up solar energy projects, a move which is expected to lead to competitive ta .. Read More
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June 10, 2018
Solar auctions to delay further amid concerns over duty, ISTS issues Solar auctions would be "dragged further" amid uncertainty about imposition of 70 per cent safeguard duty on solar equipment and concerns among developers over grant of inter-state transmission system (ISTS), according to industry sources. Read More
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June 3, 2018
Solar rooftop growth slow; 40GW by 2022 hard to achieve: Experts The growth in the solar rooftop segment has not been significant, and the government may find it difficult to achieve the target of installing 40 gigawatt (GW) of capacity by 2022, say experts. The government has set a target to install 100 GW of solar capacity by 2022, out of which 40 GW has to come from rooftop projects. Read More
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News
May 27, 2018
AAR rulings put solar cos in a bind Divergent decisions from two separate Authority for Advance Rulings (AAR) on the GST rate applicable on installation of solar plants have thrown the solar industry into a conundrum. The industry has knocked at the doors of the government seeking clarity on the matter. Two rulings, from the Maharashtra AAR, have favoured a GST rate of 18%, Read More
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May 27, 2018
Reneweable energy min creates RPO compliance cell to The Ministry of New and Renewable Energy (MNRE) has created a renewable purchase obligations (RPO) compliance cell to ensure all states adhere to the RPO targets defined by the goverment till 2022.As per a recent notification issued by the ministry, Tarun Singh, Scientist C of MNRE has been designated as the nodal officer of the cell, which will coordinate with the Central and State Electricity Regulatory Commissions on matters relating to RPO compliance.Read More
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May 21, 2018
Lack of ISTS Connectivity Results in Delay of 7 GW of Solar Auctions This development comes on the heels of the Solar Power Developers Association's (SPDA) letter to the Ministry of New and Renewable Energy (MNRE) recently, seeking postponement of scheduled auctions for projects, considering the ongoing transmission issues. SPDA had asked the ministry to direct NTPC and SECI to defer the bid submission deadlines of all the tenders for lSTS-connected solar projects. Read More
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May 19, 2018
NTPC puts off solar projects auction amid developers concerns on evacuation State-run power giant NTPCNSE 0.00 % has deferred auction of 2,000 MW solar capacities to the first week of June as developers have sought resolution of inter-state connectivity issue before going ahead with the sale, sources said. Besides, the Solar Energy Corporation of India (SECI) is likely to extend the bid submission for 2,000 MW solar capacities scheduled for the first week of June, industry sources said. Read More
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May 15, 2018
Solar developers seek wider time frame to execute projects Grappling with land acquisition and other regulatory issues, Solar Power Developers Association (SPDA) has demanded that the time frame for implementing solar projects be increased by nine months.SPDA Director General Shekhar Dutt highlighted the issue in a letter to the ministry of renewable energy.The issue assumes significance in view of government's plan to auction 60 GW of solar projects by March 2020, to meet the target of having 100 GW of solar capacity by 2022.Read More
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May 13, 2018
Solar project developers ask ministry to defer auctions Solar project developers have urged the ministry of new and renewable energy to postpone auctions, which NTPCNSE 0.00 % and the Solar Energy Corporation of India (SECI) have scheduled for the next few weeks, until transmission issues are sorted out. NTPC, which held a 750 MW solar project auction last week, has invited bids for another 2000 MW, while SECI has issued tenders for 8000 MW. Read More
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May 09, 2018
Indian tariff plan for Chinese solar imports splits business India buys about 88% of its solar photovoltaic equipment from China, the world's biggest exporter. The low cost of Chinese panels and parts suits power generators such as Acme, which need cheap components to keep electricity prices down. But Indian solar equipment manufacturers claim that China is damaging India's domestic manufacturing sector by "dumping" products at prices lower than in its home market.Read More
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May 03, 2018
Solar manufacturing schemes face hurdles over subsidy, WTO rulesA subsidy scheme for promoting solar power equipment manufacturing is awaiting approval of the finance ministry while another one that offers assured power offtake to manufacturers is embroiled in World Trade Organisation (WTO) regulations. Officials said a Rs 160 billion capital subsidy was available to domestic and foreign players to set up end-to-end solar power equipment manufacturing in India. Under the M-SIPS scheme, the subsidy is to be disbursed after the setting up of the facility. Read More
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May 01, 2018
Financial & Assorted Concessions: Sops for local production in new solar policyIn a move that could brighten the prospect for domestic solar equipment manufacturers, who are in the throes of fighting cheaper Chinese imports, the government is set to finalise a comprehensive solar manufacturing policy by the end of July. The policy will seek to incentivise local production of inputs (cells, ingots, wafers and polysilicons) to create a complete ecosystem for end-to-end manufacturing of solar panels, people close to the development told FE. Most of these products are currently imported. The policy proposes a direct financial support of more than Rs 11,000 crore and an indirect support by way of assorted concessions.Read More
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August 09, 2017
Mercom revises India's 2017 solar forecast to 10.5GW India has added 4,763MW of solar PV in the first half of the year, already surpassing the 4,313MW that were installed in the whole of 2016, according to Mercom India Research's latest quarterly market update. These key figures are different to those circulated in some reports on Tuesday, after a technical glitch led to Mercom delaying the official release of its report.Read More
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News
July 06, 2016
Indian solar facing first curtailments in Tamil Nadu Developers have experienced curtailment of solar power in the Indian state of Tamil Nadu, according to India's Solar Power Developers Association (SPDA). While wind power has faced curtailment in the past, now solar energy is being curtailed for the first time, sometimes in the range of 50-100% during peak generation periods, Mitali Ghosh, SPDA assistant secretary general, confirmed to PV Tech.Read More
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August 01, 2015
Shekhar Dutt : Time to Warm up the Sun - Business World The percentage of our population that derives its income from agriculture should be lower than those deriving their income from industry and services but we can’t do this without a huge shifting of human population from rural to urban areas. We need to create urban markets in rural areas even as we talk about ‘Make in India’ with manufacturing and economic activities that are envisaged as part of the Smart Cities vision.Read More
July 01, 2015
Solarising India: Many States, One Mission - Business World online The mood around solar is generally upbeat in the country, but there are bottlenecks across states holding back the full impact of solar growth. A major issue is the poor transmission infrastructure between states. This needs to be addressed soon if we are to achieve any breakthrough in the solar space.Read More
June 25, 2015
Turning your rooftop into a power plant - The Financial Express, Delhi,Development of storage technology will be a game-changer since storage and leakage are the biggest hurdles towards rooftop solar generation.Read More
May 13, 2015
"Here Comes the Sun" – An article by Shekhar Dutt – Economic Times, Delhi, 13 May 2015Read More
April 22, 2015
SPDA appoints Mr. Shekhar Dutt as the Director General (energetica-india) Solar Power Developers Association (SPDA), the national association representing India’s upcoming solar power generators and developers, announced the appointment of Shri Shekhar Dutt as the Director General, with effect from March 2015. Click Here...
April 22, 2015
Solar Power Developers Association (SPDA) Appoints Shri Shekhar Dutt As The Director General (eqmaglive) Solar Power Developers Association (SPDA), the national association representing India’s upcoming solar power generators and developers,recently announced the appointment of Shri Shekhar Dutt as the Director General, with effect from March 2015. Click Here...
April 22, 2015
SPDA appoints Shri Shekhar Dutt as the Director General (EPC world) Solar Power Developers Association (SPDA), the national association representing India’s upcoming solar power generators and developers, announced the appointment of Shri Shekhar Dutt as the Director General, with effect from March 2015. Click Here...
April 22, 2015
Slowing Down Lack of policy initiatives hinder renewable energy growth in Gujarat Click Here...
April 22, 2015
THE 100 GW HEADACHE The government aims to boost solar power capacity 30 times in seven years. Is the target realistic? Click Here...
June 17, 2014
Zee Business Share Bazaar Live 17 June 2014 Click Here...
June 04, 2014
Dumping duty on imported cells to double solar power costs Solar power costs could now double, after falling steeply in the past few years, if the government goes ahead and imposes dumping duty on imported solar cells, according to industry executives. Officials at the ministry of new & renewable energy (MNRE) are apprehensive about the large number of projects getting stuck due to price escalation. More than 70% of projects across the country use imported solar cells and around 4,000 MW was tendered recently.Read More
June 03, 2014
Welspun: Anti-dumping duties are against Modi’s solar vision One of India’s largest solar project developers, Welspun has said the anti-dumping measures go against the newly elected prime minister’s manifesto. Anti-dumping duties “will be against the vision and spirit of the incumbent honorable prime minister of India who wants to focus on renewable energy as a growth driver and for climate change mitigation, consequently positioning India as a progressive nation globally,” Welspun told PV Tech in a statement.Read More
May 29, 2014
MNRE opposes levy on imported solar cells; says not right time The Ministry of New and Renewable Energy is opposing the Commerce Ministry's recommendation to slap an anti-dumping duty on imported solar cells, saying "it is not the right time" to impose the levy. Read More
May 21, 2014
First Solar Joins Developers Saying Dumping Probe Flawed The biggest U.S. solar-panel maker joined with an Indian trade group for project developers calling the outcome flawed, at a Delhi High Court hearing yesterday, according to Sujoy Ghosh, First Solar’s chief for India, and Welspun Energy Ltd. Managing Director Vineet Mittal, who heads the group. Welspun is India’s largest solar developer and a major importer. “It was technically flawed,” Mittal said by phone today. “When you don’t have enough manufacturing in the country, trade barriers don’t make any sense.” Read More
May 20, 2014
Solar developers believe anti-dumping duty decision was hasty Miffed at the prospect of the Ministry of Commerce notifying anti-dumping duties on imported solar panels very soon, solar power producers say that something is not right in the unseemly haste in the Ministry’s move. Following this disclosure, solar power producers had feared that a formal notification was just around the corner. “Why cannot the Directorate General of Anti-Dumping wait until the new Minister for Commerce is sworn in and he has an opportunity to review the issue,” asked the head of one large solar power company, who requested not to be named. Read More
May 14, 2014
India may back solar duties after probe says US, China dumped India may recommend duties on US and Chinese solar imports after finding evidence of dumping, broadening a global trade dispute in the $130 billion market. Read More
May 07, 2014
Renewable energy ministry opposes anti-dumping duties on imported solar modules With the verdict on the anti-dumping duty on international solar modules round the corner, the ministry of new and renewable energy (MNRE) and several state governments are siding with solar power project developers to say that the ministry of commerce should not impose an anti-dumping duty on international panels. Read More
May 07, 2014
Ministry opposes duty on importedsolar panels Miffed at the prospect of the Ministry of Commerce notifying anti-dumping duties on imported solar panels very soon, solar power producers say that something is not right in the unseemly haste in the Ministry’s move. Following this disclosure, solar power producers had feared that a formal notification was just around the corner. “Why cannot the Directorate General of Anti-Dumping wait until the new Minister for Commerce is sworn in and he has an opportunity to review the issue,” asked the head of one large solar power company, who requested not to be named. Read More
May 06, 2014
Solar gear importers likely to face steep dumping duty India is likely to impose a steep duty on importers of solar cells following vociferous complaints from domestic manufacturers, threatening the viability of about 4,000 Mw of recently tendered solar power projects across the country. Read More