Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
Tata Power Shareholders Nod to Raise Rs 5,500 Cr via NCDs Updated On Mon, Jul 30th, 2018 by Saurenergy BSE filing states that Tata Power had sought shareholders’ permission to issue NCDs at the annual general meeting held last week. Tata Power claims it has got shareholder’s nod to raise Rs. 5,500 crore through issuance of Non-Convertible Debentures (NCD) on private placement basis. A BSE filing states that the company had sought shareholders’ permission […] Read more
SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender Updated On Mon, Jul 30th, 2018 by Saurenergy The deadline of the bid submission has been extended up to September 4, 2018. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender of 150 MW grid connected floating solar power project to be installed at Rihand Dam, Uttar Pradesh. The deadline of the bid submission has been […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
SMEV Seeks Efficiency Based Subsidy for EVs Updated On Mon, Jul 30th, 2018 by Saurenergy SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […] Read more
Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP Updated On Mon, Jul 30th, 2018 by Saurenergy Inaugurated by PM Modi, the stations and the swapping technology are the part of Essel Group’s Essel Green Mobility Limited program. The initiative comes along an investment of Rs. 1750 crore. To foster the use of Electric Vehicles in the country, the ESSEL Group’s Essel Infraprojects (EIL) has launched its electric vehicles charging stations and […] Read more
Chennai-based Swelect to Produce Water from Solar Energy Updated On Sat, Jul 28th, 2018 by Saurenergy Hydro panels are solar cells-fitted panels that use air and sunlight to produce water. Adding to the advancement in solar energy segment, Chennai-based solar technology solutions vendor Swelect Energy Systems partnered with US-based Zero Mass Water to produce, install and sell hydro panels. Hydro panels are solar cells-fitted panels that use air and sunlight to […] Read more
1 Lakh Students to Assemble Solar Lamps on Gandhi Jayanti Updated On Sat, Jul 28th, 2018 by Saurenergy The solar centric initiative is to be held under IIT-B’s Solar Urja through Localization for Sustainability (SoULS) Programme which, after successful execution, is expected to qualify for Guinness World Records. To mark the 150th birth anniversary of Mahatma Gandhi and the ongoing diamond jubilee of IIT-B, 1 lakh students across 100 schools in India will […] Read more
UP Govt Cancels 1 GW Solar PV Projects Auction on Higher Tariffs Updated On Sat, Jul 28th, 2018 by Saurenergy The auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw a high tariff rate bidding by the participants and it will go for re-bidding. Weighed down by higher solar tariffs up to Rs 3.48 per unit, the Uttar Pradesh Government has decided to cancel the auction for 1 GW of […] Read more
