India launches first-ever emission trading program for particulate matter
In a recent development, India has become the first country in the world to initiate an Emission-based Trading program. The pilot program will take place in Surat city of Gujarat, where approximately 350 factories mostly (Dye, Textile & Diamond processing)
Indian state DISCOMs debts lower to pre-UDAY level – CRISIL
CRISIL, a global analytics company has come out with a report which is an analysis on DISCOMs of 15 states (Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Andhra Pradesh) being some. According to the report the aggregate external debt
EIB, SBI & YES bank come together for financing RE projects in India
The Europen Investment Bank has confirmed to work along with State Bank of India and Yes Bank on increasing its support in terms of investment to RE projects in India. The EIB has decided to provide investment in the Onshore
India to introduce a cap on solar tariff and reduces tender size for manufacturing unit
In a major development, the MNRE has directed the Solar Energy Corporation of India(SECI) to fix the upper permissible solar tariff at INR 2.50/kWh and INR 2.68/kWh for developers using domestic cells & modules (without safeguard duties) and imported products
Solar installations in India drop down in the second quarter : Report
According to a report, solar installations have gone down by 52% in the second quarter of 2018, primarily due to the uncertainties related to trade duty & module price fluctuations. The Q2 installations were at the lowest since Q1 2017
Government to float 12 GW solar energy scheme which may help domestic manufacturers
Amidst the US-India WTO dispute a new 12 GW energy scheme which has been deftly crafted to mandate local manufacturing without violating WTO's trade rules, is in the final stage of approval and will help local industry in India sustain
Madrid-based developer in talks to sell India projects
According to recent news, a Madrid-based developer of large-scale solar plants ‘Fotowatio Renewable Ventures (FRV) is in talks to sell its 100 MW power project in India in a deal of approximately INR 500-600 crore. The company is in talks with
REC Trading Results – April 2018
April saw trading resume for Solar RECs after a gap of one year, after the ApTel pronounced judgment in the case of REC pricing. Also, after record sale of Non-solar RECs in the last 5 months, there was almost no