NTPC Holds Foreign Lenders Meet in Mumbai on June 22 Updated On Fri, Jun 22nd, 2018 by Saurenergy The meeting was aimed at updating the foreign lenders and financial institutions about the company’s operational and financial performance during FY18, its future growth plans and funding requirements etc. Energy conglomerate NTPC held its 16th Foreign Lenders Meet in Mumbai on 22nd June 2018. The meeting was aimed at updating the foreign lenders and financial […] Read more
MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
NTPC Issues 36 MW Tenders for Solar Projects in Telangana, Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The scope of work includes the design, EPC, testing and commissioning of the solar PV projects and they will be developed on turnkey basis. The funds for these projects will come from the treasury of NTPC. To develop the grid-connected solar photovoltaic (PV) projects to be developed in the states of Telangana and Gujarat, the […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
Viz-A-Viz with Dinesh Chadha, CEO – Electro Control Systems Updated On Thu, May 31st, 2018 by Saurenergy Q. Please tell our readers more about ECS, its products & services. ECS was founded in 1989 and has grown into a multi dimensional organisation. ECS was initially into manufacturing of Electrical power and control/automation panels for various industries such as Paper, cement, utilities, material handling, oil and gas and exports, among others. With the […] Read more
PM Lays Foundation Stone for 2400 MW Phase-I of NTPC’s Patratu Power Plant in Jharkhand Updated On Sat, May 26th, 2018 by Saurenergy This project is a Joint Venture (JV) in the ratio of 74:26 between Government of Jharkhand (GoJ) and Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a NTPC’s subsidiary establishing a total capacity expansion of 4,000 MW. Envisioning the brighter future for India’s 19th state, the Prime Minister Narendra Modi has laid the foundation stone for the […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
NTPC Signs MoU to Acquire 3 Power Stations Updated On Tue, May 15th, 2018 by Saurenergy The MoU envisages transfer of Barauni Thermal Power Station and transfer of Bihar State Power Generation Company’s equity in Kanti Bijlee Utpadan Nigam Ltd & Nabinagar Power Generating Company to NTPC. Public Sector Undertaking NTPC has signed a pact with Bihar government and its power utilities to acquire their entire stake in two joint ventures […] Read more