Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
NTPC Issues Tender For 500 kW Rooftop Solar Projects Updated On Mon, Apr 15th, 2019 by Saurenergy The last date of bid submission is May 8, 2019. The Kanti Bijlee Utpadan Nigam Ltd. (KBUN), a wholly owned subsidiary of NTPC has issued a tender for the deployment of rooftop solar PV plants on various buildings of plant area of KBUN for the Muzaffarpur Thermal Power Project. The scope of work for the […] Read more
India is Now Aiming For 227 GW of RE Capacity by 2022: Venkaiah Naidu Updated On Mon, Apr 15th, 2019 by Saurenergy India has defined an ambitious target of deploying 175GW of renewable power by 2022. This target is now further raised to 227 GW of renewable energy capacity, considering that we are well on our way to exceeding the previously set target, Vice President M. Venkaiah Naidu said. Addressing the fourth Resilient Cities Asia-Pacific (RCAP) Congress […] Read more
Cabinet Approves RE Pact Between India and Denmark with Focus on Offshore Wind Energy Updated On Mon, Apr 15th, 2019 by Saurenergy The objective of the cooperation agreement is to promote cooperation between the two countries in the field of renewable energy with a special focus on offshore wind. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
UP Village Sets Precedent With 100% Solar Power Use Updated On Mon, Apr 15th, 2019 by Saurenergy A village in Uttar Pradesh’s Amroha district is presenting itself as a model for renewable energy usage with complete dependence on solar power for all its needs. The solar-powered village in Chakanwala Panchayat named ‘Mandironwala Bhuddi’ has no electricity poles but is completely lit up using solar power. Solar panels have been installed at every house in the village as part […] Read more
CEL Issues Tender For Solar Power Evacuation in Maharashtra Updated On Mon, Apr 15th, 2019 by Saurenergy The estimated cost of the complete project is Rs 2.5 crores. The Central Electronics Limited (CEL) has issued a tender for the commissioning of solar power evacuation work at three substations of Maharashtra State Electricity Distribution Company (MSEDCL) with the requirement of solar power plant construction. The scope of work for the selected bidders will […] Read more
SECI Struggles with Implementation, 3rd Extension For 97.5 MW Rooftop Scheme Updated On Mon, Apr 15th, 2019 by Saurenergy The last date for submissions has been extended to April 30, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the second time in the last 7 days. On April 9, 2019, the nodal […] Read more
TERI Prepares Roadmap to Foster Resource Efficiency Policy for India Updated On Fri, Apr 12th, 2019 by Saurenergy Improving use of resources, through adoption of a Resource Efficiency strategy, will be key to India’s sustained high growth and enhanced wellbeing. Leading think tank in energy and environment, The Energy and Resources Institute (TERI), has submitted a detailed reference report on ‘National Resource Efficiency Policy for India’ to the Ministry of Environment, & Forests […] Read more
