Saur Energy International
13th March 2024
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RENEWABLES NEWS

JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid

Four firms won the bid that was issued by Solar Energy Corporation of India's (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar...

ib solar

MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds...

SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda

SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy...

Novasysgreen

India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD

The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3...

Current Issue

SECI Extends Bids For 900 Domestically Manufactured PV To 26 March

Solar Energy Corporation of India (SECI) recently extended the bid submission deadline for the manufacturing, testing, packing forwarding, supply, and transportation of 900 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. SECI revised the existing date and time for bid submission from...

GAIL Issues Tender For Solar Plants Across Locations In India

State-owned natural gas processing and distribution company GAIL has issued a tender inviting bids for the design, supply, installation, testing, commissioning, and operation & maintenance (O&M) of rooftop and land-based solar energy plants at multiple locations. The deadline for bid submission is April 2, 2024,...

Hartek Group Appoints Sanjay Kumar As CEO for Power & Renewable Infra Business

EPC company Hartek Group announced the appointment of Sanjay Kumar as the new CEO for the Power and Renewable Infra Business. "With a distinguished career spanning various leadership roles in the renewable energy sector, Mr. Kumar brings a wealth of experience and a proven track...

Shakti Pumps Receives Fourth Work Order From HAREDA Under KUSUM

Shakti Pumps (India) Limited received its fourth work order under the KUSUM‐3 scheme from the Haryana Renewable Energy Department (HAREDA). The company received the order for 2,130 pumps for the state. Shakti Pumps an energy-efficient pumps and motors manufacturer claims to be at the forefront...

SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project

Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March...

PM To Lay Foundation For Three Semiconductor Facilities On 13th March

Prime Minister Modi is set to lay the foundation stone for three semiconductor facilities worth about Rs 1.25 lakh crore tomorrow i.e., 13th March via video conferencing. This inauguration is set to take place alongside ‘India’s Techade: Chips for Viksit Bharat’. The foundation stone for...

Equinor Commissions 531 MW Brazil Solar Farm

A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power...

EV's & Storage News

Servotech EV Appoints Prem Prakash As CEO, Neeraj Gupta As AVP Operations

Servotech EV Infra has announced the appointment of Prem Prakash as its Chief Executive Officer (CEO) and Neeraj Gupta as its AVP Operations. Prem Prakash, with a career spanning 22 years across diverse industries, including consumer durables, FMCG, media and entertainment, E-Commerce, fintech and is...

C-DAC, Tata Power Collaborate For Technology Transfer Of Electric Technology

Union Minister of state for electronics and IT, skill development, entrepreneurship and Jal shakti, Rajeev Chandrasekhar recently inaugurated India’s first FutureLABS center in C-DAC Thiruvananthapuram recently. This center, namely, “Centre for Semiconductor Chips and Systems for Strategic Electronics”, is expected to play a crucial role...

Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs

Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a...

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