10/02/2018

India submitted the compliance report to the World Trade Organisation (WTO) on December 14 last year over the trade dispute with the US over solar cells, stating that it has complied with the ruling of the multi- lateral trade body in this dispute, Parliament was informed.

 

In 2015, India lost a case against the US at the WTO as the dispute settlement body of the organisation ruled that the country's domestic content requirements under its solar power programme were inconsistent with the international norms.

Domestic content stipulation for solar cells and modules under the Jawaharlal Nehru National Solar Mission (JNNSM) programme was challenged in 2013 by the US in the WTO.

"After the WTO ruling that required India to remove domestic content stipulation for solar cells and modules in the programme, India submitted its compliance report to the WTO," Minister of State for Commerce and Industry C R Chaudhary said in a written reply to the Rajya Sabha.

He said India stated in the report that it has complied with the WTO ruling in the solar dispute.

In a separate reply, he said the ministry has set up a system of grievance redressal through Twitter.

"The total number of grievances/queries received and responded from April 2016 till January 31 this year is 15,076 and 14,998, respectively," he added.

He said that the grievances or queries mostly pertain to directorate general of foreign trade, Make In India, Startup India, trademarks, copyrights, Geographic Indicators and antidumping.

ld09/02/2018

Surya Roshni hits record high of Rs 522, up 12% on BSE in intra-day trade after the company said it has received an order worth of Rs 839 million for supply of LED street and tube lights.

“The Company has obtained orders for supply of LED street lights under SLNP (Street light National Program) and for supply of LED tube lights aggregating to Rs 839 million from Energy Efficiency Services Limited (EESL),” Surya Roshni said in a regulatory filing.

The company received Rs 772 million order to design, manufacture, testing and supply of 40 million LED street lights in territory of Agra & Firozabad (U. P), NTPC/NCL/NSPCL and Gram Panchayats of A.P.

Surya Roshni is engaged in steel pipes & strips and lighting & consumer durables segment.The board of directors of the company is scheduled to meet on Monday, 12th February, 2018 to consider the unaudited quarterly/nine months results of the company for the period ended 31st December, 2017.

The stock has rallied 42% thus far in the current week from Rs 367, as compared to 3% decline in the S&P BSE Sensex.

 

aai09/02/2018

To reduce dependency on conventional sources of energy, rooftop solar panels have been installed at Mysuru railway station platforms and division office. The ongoing work is scheduled to be completed by February 15.

Divisional Railway Manager, Atul Gupta says, "Under the green energy programme, the station platform and building will be used to generate 210kWP of solar energy, 100kWP from divisional office and remaining 110kWP from railway platforms. Since we don't have back-up facility, we may not able use the solar power during night hours. This will, however, help to cut down nearly 30% of cost spent on electricity. The project was taken up on Design, Build, Finance, Operate and Transfer (DBFOT) basis. The investment has been made by a private player, we will buy power for a period of 25 years under a power purchase agreement. After 25 years, the solar power system will be transferred to the railways."

Mysuru Central Railway Workshop at Ashokapuram is already generating 500kWP solar energy after having installed solar roof top system in December.

In 2015, Indian Railways had drawn a road map to reduce the use of conventional energy and planned to tap non-conventional energy in a phased manner to reduce carbon emission and improve the financial performance of railways.

images 7609/02/2018

Renewable energy firm Siemens Gamesa said it has bagged 160MW of solar EPC orders from two customers from Tamil Nadu and Karnataka, respectively.

The company will provide complete turnkey solutions including infrastructure, engineering and design of solar farm, erection and commissioning of photo-voltaic solar farms in Tamil Nadu and Karnataka as per the agreement.

The projects are slated for commissioning in March 2018, a company statement said.

"Today India is one of the most promising markets for renewable energy. The country has witnessed incremental growth in solar segment in last three years and we expect the momentum to increase in coming years," Siemens Gamesa India, CMD, Ramesh Kymal said.

"Having firmed up our roots in solar business, we are fully geared to contribute to the government's target of 100GW of solar power by 2022," he added.

coal09/02/2018

A document issued by Coal India says, renewable energy will start replacing coal-fired power as solar tariffs are poised to fall below Rs 2 per unit in seven years and storage costs fall, while cheaper international supply can lead to imports of 20 million tonnes, posing a big challenge to domestic suppliers.

The competitiveness of domestic supplies will be a challenge as costs such as wages rise, according to the document prepared with the help of a consultant hired by the monopoly to assess the future of coal in the era of plunging renewable energy costs and rising concerns about polluting fossil fuels such as coal.

The report, on which Coal India is seeking public comments, says that unless costly mines are retired and prices of coal corrected downwards, domestic supply may remain stagnant or even fall.

ld09/02/2018

Surya Roshni hits record high of Rs 522, up 12% on BSE in intra-day trade after the company said it has received an order worth of Rs 839 million for supply of LED street and tube lights.

“The Company has obtained orders for supply of LED street lights under SLNP (Street light National Program) and for supply of LED tube lights aggregating to Rs 839 million from Energy Efficiency Services Limited (EESL),” Surya Roshni said in a regulatory filing.

The company received Rs 772 million order to design, manufacture, testing and supply of 40 million LED street lights in territory of Agra & Firozabad (U. P), NTPC/NCL/NSPCL and Gram Panchayats of A.P.

Surya Roshni is engaged in steel pipes & strips and lighting & consumer durables segment.The board of directors of the company is scheduled to meet on Monday, 12th February, 2018 to consider the unaudited quarterly/nine months results of the company for the period ended 31st December, 2017.

The stock has rallied 42% thus far in the current week from Rs 367, as compared to 3% decline in the S&P BSE Sensex.

 

aai09/02/2018

To reduce dependency on conventional sources of energy, rooftop solar panels have been installed at Mysuru railway station platforms and division office. The ongoing work is scheduled to be completed by February 15.

Divisional Railway Manager, Atul Gupta says, "Under the green energy programme, the station platform and building will be used to generate 210kWP of solar energy, 100kWP from divisional office and remaining 110kWP from railway platforms. Since we don't have back-up facility, we may not able use the solar power during night hours. This will, however, help to cut down nearly 30% of cost spent on electricity. The project was taken up on Design, Build, Finance, Operate and Transfer (DBFOT) basis. The investment has been made by a private player, we will buy power for a period of 25 years under a power purchase agreement. After 25 years, the solar power system will be transferred to the railways."

Mysuru Central Railway Workshop at Ashokapuram is already generating 500kWP solar energy after having installed solar roof top system in December.

In 2015, Indian Railways had drawn a road map to reduce the use of conventional energy and planned to tap non-conventional energy in a phased manner to reduce carbon emission and improve the financial performance of railways.

images 7609/02/2018

Renewable energy firm Siemens Gamesa said it has bagged 160MW of solar EPC orders from two customers from Tamil Nadu and Karnataka, respectively.

The company will provide complete turnkey solutions including infrastructure, engineering and design of solar farm, erection and commissioning of photo-voltaic solar farms in Tamil Nadu and Karnataka as per the agreement.

The projects are slated for commissioning in March 2018, a company statement said.

"Today India is one of the most promising markets for renewable energy. The country has witnessed incremental growth in solar segment in last three years and we expect the momentum to increase in coming years," Siemens Gamesa India, CMD, Ramesh Kymal said.

"Having firmed up our roots in solar business, we are fully geared to contribute to the government's target of 100GW of solar power by 2022," he added.

coal09/02/2018

A document issued by Coal India says, renewable energy will start replacing coal-fired power as solar tariffs are poised to fall below Rs 2 per unit in seven years and storage costs fall, while cheaper international supply can lead to imports of 20 million tonnes, posing a big challenge to domestic suppliers.

The competitiveness of domestic supplies will be a challenge as costs such as wages rise, according to the document prepared with the help of a consultant hired by the monopoly to assess the future of coal in the era of plunging renewable energy costs and rising concerns about polluting fossil fuels such as coal.

The report, on which Coal India is seeking public comments, says that unless costly mines are retired and prices of coal corrected downwards, domestic supply may remain stagnant or even fall.

09/02/2018

Surya Roshni hits record high of Rs 522, up 12% on BSE in intra-day trade after the company said it has received an order worth of Rs 839 million for supply of LED street and tube lights.

“The Company has obtained orders for supply of LED street lights under SLNP (Street light National Program) and for supply of LED tube lights aggregating to Rs 839 million from Energy Efficiency Services Limited (EESL),” Surya Roshni said in a regulatory filing.

The company received Rs 772 million order to design, manufacture, testing and supply of 40 million LED street lights in territory of Agra & Firozabad (U. P), NTPC/NCL/NSPCL and Gram Panchayats of A.P.

Surya Roshni is engaged in steel pipes & strips and lighting & consumer durables segment.

The board of directors of the company is scheduled to meet on Monday, 12th February, 2018 to consider the unaudited quarterly/nine months results of the company for the period ended 31st December, 2017.

The stock has rallied 42% thus far in the current week from Rs 367, as compared to 3% decline in the S&P BSE Sensex.

praash