The panels delivered following the largest single order that the Chinese PV manufacturer ever closed in India are now operational at the 455 MW solar plant.
The initial public offering proposed by the Indian Renewable Energy Development Agency (IREDA) has been given approval by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi.
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.
Nationwide financing program to be guaranteed by the Indian government and delivered using funds from the Asian Development Bank and Punjab National Bank. First tranche represents one-fifth of $500m loan finance program.
As cheap Chinese solar cells and modules flood the Indian market, solar companies under the Indian Solar Manufacturers Association (ISMA) have filed a petition with the Ministry of New and Renewable Energy to impose anti-dumping duties on produce from China, Malaysia and Taiwan.
The state-owned salt company is on a quest for an EPC contractor to work on a large-scale project in the Indian state of Gujarat.
In its latest shipment to India, the Chinese Tier-1 solar company has supplied 65 MW of solar modules.
The German developer has completed its sixth solar PV plant in India.
In tweet sent yesterday, India revenue secretary Hasmukh Adhia said that all solar equipment will be subject to only 5% Goods and Services Tax, allaying fears cells and modules would be placed in 18% bracket.
Data from the Central Electricity Authority shows that electricity from solar jumped 81% year-over-year in fiscal year 2016-17 to reach ~13.5 billion units, reports Mercom Capital Group.
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