India has more than trebled utility-scale renewables tender capacity to 69.8GW in fiscal year 2024, 48% of which from solar PV. Out of the nearly 70GW of capacity tendered from 1 April 2023 until 31 March 2024, 40GW ended up being awarded, according to a report from the Institute for Energy Economics and Financial Analysis […]
Month: May 2024
Delhi HC rules in favour of solar power sector in customs duty case
In what should be a major relief for the solar power sector, the Delhi High Court on Monday (May 6) quashed show cause notices issued by the Central Board of Indirect Taxes and Customs (CBIC) to solar power firms. The CBIC had ruled that these firms were not eligible for the Manufacturing and Other Operations […]
Tata Power generates 200 million units of electricity from wind, solar at Satara; most of it is being wheeled to Mumbai
Tata Power on Tuesday announced that it is now generating nearly 200 million units of electricity annually from the Agaswadi wind farm and Palaswade solar park at Satara, with majority of the clean energy catering to Mumbai power distribution. Tata Power has over 7.5 lakh consumers across Mumbai while it supplies power to BEST which […]