NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
KREDL Floats 50 MW Tender To Be Developed In Karnataka’s Pavagada Solar Park Updated On Mon, Dec 10th, 2018 by Saurenergy The project will be developed in two blocks of 10 MW each and two blocks of 15 MW each and the tenders seeks out contractor for the EPC of the project. The Karnataka Renewable Energy Development Limited (KREDL) has floated a tender for developing 50 MW of grid-connected solar project at Pavagada Solar Park, situated […] Read more
Kudremukh Iron Ore Company Invites Tenders For 5 MW Captive Solar Project Updated On Mon, Dec 10th, 2018 by Saurenergy According to the tender document, one person can only submit one bid whether as an individual or as the representative of a consortium. Karnataka’s iron ore company, Kudremukh Iron Ore Company Limited (KIOCL) owned by the government of India has invited tenders for 5 MW captive solar power project in Mangalore, Karnataka. Issuing out engineering, […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
MAHAGENCO Floats Two Solar Tenders for Grid-Connected Solar Projects Updated On Mon, Dec 10th, 2018 by Saurenergy To be developed under the public private partnership, the solar projects will provide power to the agricultural needs of the various sub-stations in the region. The Maharashtra State Power Generation Company (MAHAGENCO) has recently drawn two tenders for grid-connected solar projects of 50 MW each totaling a 100 MW to be developed in the western […] Read more
MNRE asks State Utilities to Issue Wind, Solar Tender Updated On Mon, Dec 10th, 2018 by Saurenergy With most states falling behind their renewable purchase obligation (RPO) targets, MNRE has given out these instructions to state power utilities. Ministry of New and Renewable Energy (MNRE) has instructed state power utilities to issue tenders for solar and wind energy instead of depending on central agencies for meeting their renewable targets. With most states […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
India Adds Record 1,538 MW of Solar Rooftop by September 30: Report Updated On Mon, Dec 10th, 2018 by Saurenergy The report said that the solar capacity is expected to reach 15.3 GW by March 2022 in a scenario where the growth takes place at the current rate. Pioneering as a leader in solar energy, India installed a record 1,538 MW of solar rooftop in the year ended September 30, 2018, bringing the total rooftop […] Read more
CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC Updated On Fri, Dec 7th, 2018 by Saurenergy It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […] Read more
