Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more
India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE Updated On Tue, Feb 23rd, 2016 by Saurenergy Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Haryana Bags 500 MW Solar Power Park Project Updated On Fri, Feb 19th, 2016 by Saurenergy The solar row is taking momentum at an unprecedented level, as another state in India has accredited construction of an ultra-mega solar power project, boosting the Indian Government’s plan to set up 20 GW of large-scale solar power parks. The northern part of Haryana has got approval to build a 500 MW solar power project. The […] Read more
NTPC and German Institutions collaborates for Innovations in Solar Energy Updated On Thu, Feb 18th, 2016 by Saurenergy In a strive to take a step ahead in renewable energy sector, state-run power generator NTPC Ltd has partnered with German institutions DLR Cologne and Institute of Solar Energy. “NTPC through its R&D wing, NETRA is collaborating with two German Institutions DLR Cologne and Institute of Solar Energy (ISE), Fraunhofer, Freiburg on Solar Energy Research,” sources said. […] Read more
India to cap over 20GW Solar Capacity by 2017 Updated On Wed, Feb 17th, 2016 by Saurenergy Presently, the solar power generation capacity of India has easily surpassed the estimated 5000MW and is likely to hit 9,000MW mark by the end of March. Tendering for solar project totalling a capacity of 15,177 MW has already been completed and a total capacity addition of 12,161 MW is expected during the financial year 2016-17, […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
MOIL Team approves Solar Investment of Rs 61.83 crore Updated On Sat, Feb 13th, 2016 by Saurenergy State-run MOIL announces that its board team has accredited investment proposal for setting up 10.50 MW solar power project for captive use in the lease hold areas of company’s mines situated in Madhya Pradesh and Maharashtra, with a total estimated cost of Rs 61.83 crore. “The Board of Directors of the company at its meeting […] Read more
Maharashtra Impulse on Solar Investment – aims Rs 50,000 crore Updated On Fri, Feb 12th, 2016 by Saurenergy Well-suited solar conditioned states are collaring to use solar energy, now Maharashtra has opened investments worth Rs 50,000 crore to boost its solar energy project. The state government, with the Centre and private sectors, is set to bring modifications to reduce solar power cost to make it farmer-friendly in rural Maharashtra. “The state government is […] Read more
