Maharashtra Discom Warned Over Late Payment to Wind Developers Updated On Wed, May 22nd, 2019 by Saurenergy If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […] Read more
Rooftop Solar Tender Totaling 4.715 MW Issued by Northern Railways Updated On Wed, May 22nd, 2019 by Saurenergy The last date for bid submission is June 6, 2019 The Northern Railways has issued a tender, inviting bids from eligible bidders for development of rooftop solar installations across multiple D and E category railway stations in its jurisdiction. The Railway authority is seeking developers for setting up 133 installations of 10 kW capacity rooftop […] Read more
HPL Electric Reports Robust Numbers for Q4 of 2018-19 Updated On Wed, May 22nd, 2019 by Saurenergy Noida-based HPL Electric and Power Limited has reported a strong set of numbers for the quarter ending March 2019. The firm, which has a diversified portfolio in the electrical equipment sector, reported a 73% profit growth, on revenue growth of 12.1 %, for the full year. Thus, final revenues for the year came in at […] Read more
Haryana Open Access Move Shows High Potential From C&I market for Renewables Updated On Wed, May 22nd, 2019 by Saurenergy With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […] Read more
Tata Power Renewables Wins Dholera Solar Auction with Rs 2.75/kWh Bid Updated On Wed, May 22nd, 2019 by Saurenergy Tata Power’s renewable arm, Tata Power Renewable Energy has emerged as the winner in the latest solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for awarding 1000 MW capacity to be built at the Dholera Solar Park. In response to the 1000 MW tendered capacity, and in the third time of asking after […] Read more
India Finally Investing More in Solar than Coal: IEA Updated On Tue, May 21st, 2019 by Saurenergy Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […] Read more
Discom-Driven Rooftop Solar Program Approved in Andhra Pradesh Updated On Tue, May 21st, 2019 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved a DISCOM-driven solar rooftop program proposed by the Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL). APEPDCL had filled a petition with the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking approval for the implementation of a discom driven solar rooftop program devised under the technical assistance […] Read more
Only Two Bidders For SECI’s 1200 MW Hybrid Tender Updated On Tue, May 21st, 2019 by Saurenergy Adani Green Energy won the tender with the L1 bid of Rs 2.69/kWh for developing 600 MW capacity. The Solar Energy Corporation of India’s (SECI) latest tranche of 1200 MW wind-solar hybrid tender was left undersubscribed by 300 MW after only two bidders submitted bids for the project. Adani Green Energy and ReNew Power were […] Read more
Adani Green Energy Offers 8.75 Crore Shares For Sale Updated On Tue, May 21st, 2019 by Saurenergy Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […] Read more
