MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme Updated On Fri, Jul 5th, 2019 by Saurenergy MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […] Read more
SECI Reschedules Pre-Bid Meeting for 500 MW Solar Tender Updated On Fri, Jul 5th, 2019 by Saurenergy SECI has rescheduled the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a notification for rescheduling the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu (Phase 1, Non-Solar Park). In order to deliberate on […] Read more
Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost Updated On Fri, Jul 5th, 2019 by Saurenergy The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
FAME II Scheme Funds 6 EV Charging Infrastructure Projects Updated On Thu, Jul 4th, 2019 by Saurenergy FAME II scheme completes funding of 6 Projects to support the creation of charging infrastructure in selected cities and along major highways to address range anxiety among users of electric vehicles Six projects for setting up of EV charging infrastructure have been funded under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles —FAME II […] Read more
Grid-Tied Solar Capacity Approaching 30 GW: RK Singh Updated On Thu, Jul 4th, 2019 by Saurenergy The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions Updated On Thu, Jul 4th, 2019 by Saurenergy The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […] Read more
Delhi Police Goes Green, to set up 200 Rooftop Solar Systems Updated On Thu, Jul 4th, 2019 by Saurenergy Delhi police has announced that it plans to set up rooftop solar energy systems in over 200 of its buildings across the city. Delhi police has announced that it plans to set up rooftop solar energy systems in over 200 of its buildings across the city. And in this regard, it has signed a pact […] Read more