Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure Updated On Mon, Oct 9th, 2017 by Saurenergy The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […] Read more
IndiGrid Approves Acquisition of Three Power Transmission Assets Updated On Mon, Oct 9th, 2017 by Saurenergy The three acquisitions consists of 5 transmission lines aggregating 1,425 Ckms thus increasing its total portfolio to 13 transmission lines and 2 substations across 8 states. IndiGrid, India’s first Infrastructure Investment Trust in the power sector, has approved the acquisition of three power transmission assets from its sponsor Sterlite Power Grid Ventures Ltd at a […] Read more
MNRE Urges Tamil Nadu to Prevent Arbitrary Curtailment of Solar Power Updated On Mon, Oct 9th, 2017 by Saurenergy MNRE has urged the concerned officials at the Tamil Nadu Generation and Distribution to prevent arbitrary curtailment, or backdowns, of solar power in the state. In his letters addressed to Vikram Kapur, Principal Secretary in the Tamil Nadu government, Dilip Nigam, Advisor-National Solar Mission, MNRE has asked to “instruct the concerned officials at the Tamil […] Read more
TÜV Rheinland expands footprint in India with a new 2.5 million Euro Bangalore facility Updated On Sat, Oct 7th, 2017 by Saurenergy The new purpose-built 14,000 sq.mt facility makes TUV Rheinland India the first international testing, training, inspection, consulting and certification (TIC) organisation operating in the country to house all of its state-of-the-art laboratories under a single roof. TUV Rheinland India, a subsidiary of the TUV Rheinland Group, Germany, has expanded its footprint in India with a […] Read more
Essel Infra Commissions 55MW Solar Projects in UP and Karnataka Updated On Sat, Oct 7th, 2017 by Saurenergy Essel Infra will commission an additional 60 MW capacity project in Karnataka in the next 45 days, and has commissioned a 50MW capacity solar project in Jalaun, Uttar Pradesh and a 5MW capacity project in Bijapur, Karnataka. Essel Infra projects Ltd (EIL) has commissioned 55MW capacity solar projects in Uttar Pradesh and Karnataka. The company […] Read more
Work on 750MW Ultra Mega Solar Power Park Begins Updated On Fri, Oct 6th, 2017 by Saurenergy The Gujarat government has acquired 1,407 hectares of land and aims to complete the first phase of development by March 2018. Solar power generation capacity of 250MW will be installed in the first phase. To further push solar power generation in the state, Gujarat government on broke ground for 750MW ultra-mega solar power park at […] Read more
Sachin Tendulkar‘s new inning with Schneider Electric lights up 350 households in UP with Solar power Updated On Thu, Oct 5th, 2017 by Saurenergy Spreading Happiness InDiya Foundation is committed to providing energy autonomy to rural India through renewable energy, providing electricity to around 25,000 households in the country and spreading happiness by providing access to energy. Spreading Happiness InDiya Foundation (SHIF), a collaboration between former cricketer and master blaster Sachin Tendulkar and Schneider Electric India has announced that it has empowered […] Read more
ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses Updated On Wed, Oct 4th, 2017 by Saurenergy “The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
