AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
MSEDCL Gets one Bid for 5 MW in Response to 1350 MW Solar Tender Updated On Mon, Dec 23rd, 2019 by Saurenergy MSEDCL has revealed that it received only one bid for 5 MW in response to its tender for procurement of 1350 MW of solar power from 30 Circles. The Maharashtra State Electricity Distribution Company (MSEDCL) had recently petitioned with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval for adoption of tariff discovered for long term […] Read more
Indian Army Distributes Solar Lanterns in J&K’s Rajouri District Updated On Mon, Dec 23rd, 2019 by Saurenergy As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir (J&K), a defence spokesman has informed. The lanterns were distributed in Kheta Basha […] Read more
EOI for 5 MW Solar Plant Issued by Dept of Defence Production Updated On Mon, Dec 23rd, 2019 by Saurenergy The Department of Defence Production has issued an EOI for commissioning of 5 MW grid-connected solar plant at the Varagaon Ordnance Factory in Maharashtra. The Ordnance Factory Board under the Department of Defence Production has issued an Expression of Interest (EOI) for the commissioning of a 5 MW grid-connected solar power plant at the Varagaon […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
Tender for 1.6 MW Rooftop Solar Plants at Govt Buildings in Tamil Nadu Updated On Mon, Dec 23rd, 2019 by Saurenergy CEL has issued a tender for the deployment of 1.6 MW in the cumulate capacity of rooftop solar plants at various government buildings in Tamil Nadu. The Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for the deployment of 1.6 MW in the cumulate capacity of rooftop solar plants at […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec Updated On Sat, Dec 21st, 2019 by Saurenergy In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […] Read more