CERC Provides Relief For ACME Solar, Accepts Safeguard Duty as Change in Law Updated On Mon, May 6th, 2019 by Saurenergy ACME Solar to get compensated for additional costs incurred in the development of two solar projects due to the levy of Safeguard Duty. The Central Electricity Regulatory Commission (CERC) has in its latest order provided respite to solar power developer (SPD) ACME Solar, after the company filed two petitions with the commission, seeking approval for […] Read more
Naval Institution in Kochi Commissions Solar Plant Updated On Mon, May 6th, 2019 by Saurenergy The solar plant is expected to generate close to 14,400 units of energy every year. The Naval Armament Inspectorate (NAI) in Kochi has taken a big step on the green route by harnessing solar power to meet its supplemental energy requirements. Director General of Naval Armament Inspection (DGNAI) Rear Admiral Sanjay Misra inaugurated the rooftop solar power plant at […] Read more
Azure Power Chairman, CEO Inderpreet Wadhwa to Step Down Updated On Sat, May 4th, 2019 by Saurenergy He will continue as Chairman and Chief Executive Officer (CEO) until a new successor is named or December 31, 2019, whichever is earliest. Inderpreet S Wadhwa, who has led Azure Power to become one of the country’s largest solar power developers and operators with over 1.5 GWs of operating assets plus over 1.5 GWs of […] Read more
Exicom Commissions AC & DC Fast Chargers in Parliament House Updated On Fri, May 3rd, 2019 by Saurenergy Gurgaon-based Exicom Power Solutions has announced the commissioning of its AC and DC fast EV chargers in the parliament house. Snehlata Shrivastava, Secretary-General of Lok Sabha inaugurated the newly developed charging infrastructure in the parliament campus in Delhi, the presence of senior officials from EESL and the Government. In January, Exicom won the “EV Infrastructure Company […] Read more
Average Spot Power Price Falls 19% in April to Rs 3.22/Unit Updated On Fri, May 3rd, 2019 by Saurenergy The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 percent decline over 3.98 per unit in April 2018. Average spot power price at the Indian Energy Exchange (IEX) declined 19 percent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Radite Energy Bags 1.14 MW Solar Power Order From Amplus Solar Updated On Fri, May 3rd, 2019 by Saurenergy The Gurgaon based solar solutions provider is responsible for the complete design, supply, construction and commissioning of the plant which is being developed at the food processing unit of SSDPL in Baramati, Pune. Radite Energy, a complete turnkey solution provider for solar energy in India, has secured 1.14 MW project in Pune from Amplus Solar. […] Read more
Rashtriya Rifles Light Up Two Villages in J&K With Solar Power Updated On Fri, May 3rd, 2019 by Saurenergy The Army has so far distributed over 17,000 solar lights among residents of such villages in Doda district. Reaching out to the poor in hilly areas of Jammu and Kashmir’s Doda district, the Army has installed solar lights at unelectrified hamlets under its project ‘Roshni’. The solar lights have been installed at Thanhala and Ganori-Kahara villages by […] Read more
SJVN Floats Tender For DC Fast Chargers at Nathpa Jhakri Dam Updated On Fri, May 3rd, 2019 by Saurenergy The last date for bid submission is May 15, 2019 SJVN Ltd. has issued a tender for setting up of DC EV fast chargers for the Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh. The scope of work for the selected bidders will include the supply, installation and commissioning of two 20 kW DC […] Read more
