CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment Updated On Mon, Oct 22nd, 2018 by Saurenergy Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […] Read more
Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada Updated On Sat, Oct 20th, 2018 by Saurenergy In a significant development, Gurgaon based Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada. Radite Energy is already doing two projects at same location(Azure 75 MW and 15 Avada ). Company confirmed this is first order from Renew power they are going to execute. This is one of the biggest order that […] Read more
Extension of Bid Submission Deadline: RFB for mw Solar-Wind Hybrid Power Plant with Bess at Ramagiri, Anantapur, A.P., India Updated On Thu, Oct 18th, 2018 by Saurenergy Amendment-3 Employer: Solar Energy Corporation of India Limited (SECI), New Delhi, India Project: Innovation in Solar Power and Hybrid Technologies Project Contract title: Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 160 MW Solar-Wind Hybrid Power Plant with BESS including 10 Years Plant O&M under International competitive bidding at Ramagiri, Anantapur district, Andhra Pradesh, […] Read more
“Coal India & Neyveli sign MoU for stepping up Solar Power Generation” Updated On Thu, Oct 18th, 2018 by Saurenergy Coal India Limited (CIL) and NLC India Limited (NLCIL), formerly Neyveli Lignite Corporation Limited, coming together in a significant step, have inked a Memorandum of Understanding (MoU) today in CIL headquarters, Kolkata for formation of Joint Venture (JV) Company for Solar Power Generation of 3,000 MW and Thermal Power Projects of 2,000 MW capacity. Mr. […] Read more
Six Women-Led Energy-Linked Startups from POWERED Accelerator’s First Cohort to receive $10,000 Seed Fund Updated On Wed, Oct 17th, 2018 by Saurenergy First cohort of POWERED Accelerator showcase its business to a curated audience of investors, govt, corporates and influencers. 6 startups bag seed funding of $10,000 each from the Programme. POWERED Accelerator opens for applications for 2ndcohort POWERED Accelerator First Cohort and Jury on the Demo Day in New Delhi Mumbai, 8th October 2018, POWERED […] Read more
RK Singh Launches Award Scheme under ‘Saubhagya’ Updated On Tue, Oct 16th, 2018 by Saurenergy More than 1.65 crore households connected since the launch of Saubhagya. RK Singh, Minister of State (IC) for Power and New & Renewable Energy, has launched an award scheme under Saubhagya to felicitate the DISCOMs/ Power Department of the States and their employees for achieving 100 percent household electrification in their areas of operation. The […] Read more
Piyush Goyal to Receive Penn’s Top Prize in Energy Policy on Oct 19 Updated On Tue, Oct 16th, 2018 by Saurenergy During his tenure, the Minister directed a fast-track effort to electrify 18,000 villages in remote parts of India—helping bridge the country’s vast energy divide. The Kleinman Center for Energy Policy at the University of Pennsylvania School of Design will award its 4th Annual Carnot Prize to Piyush Goyal, India’s former Minister of Power and Renewables […] Read more
Magenta Power, MSEDCL Install India’s 1st EV Billing Meter Updated On Tue, Oct 16th, 2018 by Saurenergy With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […] Read more
India May Achieve 76% of Renewable Energy Target by 2022, says Report Updated On Tue, Oct 16th, 2018 by Saurenergy Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […] Read more
