IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
Kochi Metro Looking For Land to Set Up Solar Plant to Power Water Metro Updated On Fri, Feb 8th, 2019 by Saurenergy The tender for the first batch of 23 air-conditioned ferries that can carry up to 100 passengers will be awarded by March. The Kochi Metro Rail Limited (KMRL) is on the lookout for land to develop a solar power plant to generate electricity to power and operate its forthcoming fleet of Water Metro Ferries from […] Read more
BHEL Issues Tender For MMS Columns for 129 MW of Solar Projects Updated On Fri, Feb 8th, 2019 by Saurenergy The last date for the submission of bids is February 15, 2019. The technical bids will open on the same date. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the procurement of 1,500 metric tons of module mounting structure (MMS) columns for setting up 129 MW of solar power projects at four sites […] Read more
NHPC Issues Tenders For 2 MW Rooftop Solar Projects Updated On Fri, Feb 8th, 2019 by Saurenergy The last date of bid submissions for all four tenders is March 19, 2019 (online) and March 22, 2019 (offline). The National Hydroelectric Power Corporation (NHPC) has issued multiple (4) tenders for setting up 2,089.64 kW of rooftop and small solar power projects at various stations of NHPC. With just a 5 year requirement for […] Read more
2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check Updated On Fri, Feb 8th, 2019 by Saurenergy On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […] Read more
Tender For 2 MW Canal-Top Solar Project Issued in Jharkhand Updated On Fri, Feb 8th, 2019 by Saurenergy The project is to be developed at the Sikidiri Canal located near the Sikidiri Village and the last date of bid submissions is February 11, 2019. The Jharkhand Renewable Energy Development Agency (JREDA) has issued tender seeking bids from eligible EPC firms to set up a 2 MW grid-connected canal-top solar project in Ranchi. The […] Read more
Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender Updated On Fri, Feb 8th, 2019 by Saurenergy SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by ReNew Power, EDF, and ENEL who bid for 300 MW […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
