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NSEFI Solar News Bulletin 02.02.2022

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]Read More

SBI Partners with Tata Power for Financing Solar Projects

With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI)...Read More

BloombergNEF says global solar will cross 200 GW mark for first time this year, expects lower panel prices

The analyst also forecasts strong growth for the storage business and a significant increase in PPAs for photovoltaic projects in Europe. It also said the newly installed PV capacity for 2021 reached 183 GW.Read More

Union Budget targets domestic production with 40% solar import duty and boost to manufacturing-linked incentive

The budget presented today by finance minister Nirmala Sitharaman allocates an extra INR19,500 crore to the production-linked incentive scheme for solar and notifies basic customs duty of 40% on foreign-made solar modules and 25% on cells, from April.Read More

MSEDCL Invites Bids to Procure Power from 865 MW of Solar Projects

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a request for selection (RfS) to procure 865 MW of solar...Read More

PLI scheme to aid creation of 45 GW of solar equipment making capacity: RK Singh

It is proposed in the General Budget presented in Lok Sabha on Tuesday that the funding under the PLI scheme for domestic solar cells and module manuf..Read More

Budget 2022: Solar power’s allocation rises by 29 per cent

Last year, solar power’s allocation had increased by 66 per cent Read More

Govt aims to attain vision of promoting energy transition and climate action

She re-iterated the low carbon development strategy, announced by the Prime Minister, as an important reflection of our government's strong commitment..Read More

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