NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments Updated On Thu, Apr 19th, 2018 by Saurenergy The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […] Read more
500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
AP: NREDCAP Issues Tender for 35 MW Rooftop Solar PV Plants Updated On Thu, Apr 19th, 2018 by Saurenergy The scope of work covers design, supply, installation, commissioning, maintenance, operation. It also includes wiring up from the SPV Rooftop system to Distribution Board. Under net metering policy of the state, New and Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) has announced a tender of grid-connected rooftop solar PV plants of 1 […] Read more
Rajasthan to Add 3,780 MW Solar Capacity by April Next Year Updated On Wed, Apr 18th, 2018 by Saurenergy “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021.” In order to achieve the goal of 7000 MW clean energy capacity in next four years in Rajasthan, the government has already assigned 20 projects of […] Read more
Azure Power Commissions 40 MW Project in Uttar Pradesh Updated On Tue, Apr 17th, 2018 by Saurenergy Under the agreement Azure Power will supply power to SECI for the period of next 25 years at the levelized tariff of Rs 4.92 per KW which is inclusive of Viability Gap Funding (VGF). India’s one of the leading power producers, Azure Power has announced the commissioning of a 40MW solar plant in Uttar Pradesh […] Read more
India Starts Probe into Dumping of EVA Sheets Updated On Tue, Apr 17th, 2018 by Saurenergy The probing agency, Directorate General of Antidumping and Allied Duties (DGAD), an arm of commerce ministry, will investigate the imports of ‘Ethylene Vinyl Acetate (EVA) sheets for solar modules’. India has started a probe into the alleged dumping of EVA sheets, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand, which are used in […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
NHPC’s 50 Megawatt Solar Project in TN Synchronized With Grid Updated On Tue, Apr 17th, 2018 by Saurenergy The solar project shall provide an annual generation of 105 MU with sale of entire power to the TANGEDCO in accordance with the power purchase agreement.’ Tamil Nadu NHPC has synchronized a 50 MW solar PV project at Theni/Dindigul district of Tamil Nadu with the grid. ‘The project was synchronized with the grid last month in presence […] Read more
