Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Energy is a basic human right, says Schneider Electric at Sustainable Energy for All Forum Updated On Thu, May 17th, 2018 by Saurenergy The agenda was to share the latest evidence of progress on SDGH7 and scalable innovations in providing energy efficiency around the world. Schneider Electric, a digital transformation of energy management and automation, recently participated in the Sustainable Energy for All (SEforALL) Forum in Lisbon. The theme of the forum was “leaving No One Behind”. The […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
TCI to Use 25% Renewable Energy by the End of This Year Updated On Thu, May 17th, 2018 by Saurenergy TCI is among Google, Ikea, Apple, and other corporations as they shift their traditional electricity production to alternative clean sources. Besides being the first from Taiwan, TCI is one of a few contract manufacturers to join. Being first company in Taiwan to commit itself to using 100 percent renewable energy, TCI, a contract manufacturer of dietary […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
14 West UP Discoms Meet to Take Action Against Defaulters Updated On Wed, May 16th, 2018 by Saurenergy Three contract firms have already been issues show-cause notices for not attending the meeting and a lodging of FIR was ordered against Bareilly based contract firm for its slow progress of work in Moradabad. A surprising meeting was called by discoms of Western UP districts to take stringent measures against some power vendors of the […] Read more
