Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
Rewa Ultra Mega Solar Seeking Consultants for Land Identification Updated On Fri, Jan 24th, 2020 by Saurenergy Rewa Ultra Mega Solar has issued an RfP for conducting environment and social baseline survey for identification of land for proposed solar parks in Madhya Pradesh Rewa Ultra Mega Solar (RUMS) has issued a request for proposal (RfP) seeking bids for the selection of consultants for conducting environment and social baseline survey for identification of […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
Rajasthan Tenders for Development of Transmission Lines in Solar Park Updated On Fri, Jan 24th, 2020 by Saurenergy Rajasthan Solar Park Development Company has tendered for the construction of 220 kV and 132 kV transmission lines for the Nokh Solar Park in Jaisalmer The Rajasthan Solar Park Development Company (RSDCL) has issued a tender, seeking bids from eligible firms for the construction of 220 kV and 132 kV transmission lines for the Nokh […] Read more
Nitya Group to Invest Rs 200 Cr in Next 5 Years Updated On Thu, Jan 23rd, 2020 by Saurenergy Encouraged with the government’s vision of Make in India, FMEG and industrial power distribution equipment maker Nitya Electro Controls (NEC) said that it is mulling to invest an amount of about Rs 200 crore within next 5 years. The move is not only expected to generate multiple employment opportunities but also ensure environment protection through […] Read more
MERC Extends Commissioning Deadline for 75.6 MW Wind Project Updated On Thu, Jan 23rd, 2020 by Saurenergy MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […] Read more
ATUM – World’s 1st Integrated Solar Roof Gets IEC CB 2016, UL 61730 Certification Updated On Thu, Jan 23rd, 2020 by Saurenergy Adding another feather in its cap, country’s one of the leading cement roofing sheet maker Visaka Industries said on Thursday that it has successfully passed the solar photovoltaic (PV) module tests for its ATUM product. Illinois-based global safety science company UL has certificated ATUM as per the latest International Electrotechnical Commission (IEC) and UL standards with […] Read more
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss Updated On Thu, Jan 23rd, 2020 by Saurenergy Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […] Read more
MG Motor India Launches ZS EV, India’s First Electric Internet SUV Updated On Thu, Jan 23rd, 2020 by Saurenergy MG Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh. MG (Morris Garages) Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh, for customers who have booked […] Read more