Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity Updated On Sun, Jan 5th, 2025 by Saurenergy Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […] Read more
NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh Updated On Sun, Jan 5th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […] Read more
Airtel, AMPIN Energy Transition Partner For Wind-Solar Hybrid Project Updated On Fri, Jan 3rd, 2025 by Saurenergy Telecom firm Bharti Airtel recently signed an agreement with AMP Energy Green Three Private Limited, a special purpose vehicle (SPV) of AMPIN Energy Transition (formerly Amp Energy), to acquire 3,78,90,005 (26%) equity shares. To acquire power from this project, the companies formed the SPV to own and operate the captive power plant. In its regulatory […] Read more
SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh Updated On Fri, Jan 3rd, 2025 by Saurenergy Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […] Read more
SECI Issues Tender For 10 MW Floating Solar Project In Telangana Updated On Fri, Jan 3rd, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to build a 10 MW Floating Solar Project (FSPV) at Singareni Thermal Power Project (STPP), Telangana. Bidders are expected to submit their bids by January 23, 2025. Singareni Collieries Company Limited (SCCL) is a government coal mining company jointly owned by the Government of […] Read more
Pennar, Zetwerk To Enter Into JV For Solar Module Manufacturing Updated On Fri, Jan 3rd, 2025 by Saurenergy Telangana-based Pennar Industries recently executed a Joint Venture Agreement with Zetwerk Manufacturing Businesses and others for the incorporation of a Joint Venture company. They entered the joint venture by subscribing to the equity share capital of the Joint Venture Company. Pennar Industries said in a regulatory filing, “The proposed Joint Venture company will be formed […] Read more
CREDA Plans Rooftop Solar Under RESCO Mode, Issues Tender Updated On Thu, Jan 2nd, 2025 by Saurenergy Chhattisgarh State Renewable Development Agency (CREDA) recently invited expressions of interest (EOI) to select bidders to implement 20 MWp grid-connected rooftop solar systems under RESCO model. These projects will be located in registered housing societies in Chhattisgarh. The solar power generated under this project will be sold to registered housing societies in Chhattisgarh. Bids will […] Read more
Sahaj Solar Bags Rs.36.42cr Agri Solarization Order In Tripura Updated On Thu, Jan 2nd, 2025 by Saurenergy Gujarat-based Sahaj Solar recently secured a Letter of Award (LoA) from the Tripura Renewable Energy Development Agency (TREDA) for the solarization of existing 2 HP grid-connected agricultural pumps (IPS). The company stated in a regulatory filing, “These pumps include a 5-year guarantee/warranty and an annual maintenance contract, including insurance coverage, on a turnkey basis in […] Read more
