What to Expect from India’s National Energy Storage Mission Updated On Thu, Nov 1st, 2018 by Saurenergy Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […] Read more
Azure Power Wins 300 MW Solar Power Project with AAA Rated NTPC Updated On Thu, Nov 1st, 2018 by Saurenergy Azure Power, one of India’s leading independent solar power producers, announced that it has signed a letter of award (LOA) for a 300 MW Interstate Transmission System (ISTS) grid connected solar PV project won in an auction conducted by NTPC Limited, which has a domestic AAA debt rating and is the Government of India’s largest power […] Read more
Tata Power Launches ‘Know Your Electricity Consumption’, daily energy management tool for consumers Updated On Wed, Oct 31st, 2018 by Saurenergy In a unique move to help its Consumers take better control of their energy usage, Tata Power, India’s largest integrated utility rolled out a new service ‘Know Your Electricity Consumption’ that allows its customers to view their power consumption trend through an online dashboard. The company in a statement issued to the media said, Consumers […] Read more
ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Odisha Launches Scheme To Increase Solar Energy Use Updated On Wed, Oct 31st, 2018 by Saurenergy Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Tuesday launched a scheme to increase the use of solar energy in the agriculture sector. Under the “Soura Jalanidhi” scheme, 5,000 solar pumps will be given to farmers with up to 90 per cent subsidy. It will create irrigation potential for 2,500 acres in the state, the Chief Minister […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Amendment 02 for Setting up of 02 mw Solar Power Project with 01 mwh BESS at Kaza, Himachal Pradesh Updated On Tue, Oct 30th, 2018 by Saurenergy This has reference to the RfS No. SECI/C&P/KAZA/042018 Dated 31.07.2018 for Setting up of 2 MW Solar PV power plant with 01 MW BESS at KAZA, HIMACHAL PRADESH. Tender for Design, Engineering, Supply, Construction, Erection, Testing, Commissioning including 5 Years Plant O&M of 2 MW (AC) Solar PV Power Plant with 01 MW BESS at KAZA, […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
