Fitch Ratings – Hong Kong: Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to […]
Renewable energy min proposes basic customs duty on solar equipment from Aug: Singh
In July 2018, India imposed SGD on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in the inbound shipments of the products New Delhi: Power and New & Renewable Energy Minister R K Singh on Tuesday said his ministry has proposed to impose basic customs duty […]
Torrent Power receives highest generation-based incentives in Apr-Jan FY20
For the 10-month period of FY20, IREDA released total GBI to the tune of Rs 1,012 crore to various companies under its wind power schemes New Delhi: Torrent Power received Rs 42.21 crore as generation-based incentive (GBI) by the Indian Renewable Energy Development Agency (IREDA) for the April-January period of the current financial year 2019-20 […]
MP govt invites bids for 25 MW rooftop solar projects
Madhya Pradesh government Tuesday said it has invited bids for 25 MegaWatt (MW) rooftop solar projects for industrial units in the state. The tenders have been invited by state-owned Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and the last day to submit financial bids is May 10, 2019. “Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) […]
