Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric Updated On Thu, Jun 2nd, 2022 by Saurenergy Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India. Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […] Read more
UP Invites Bids For 75 MW Solar Projects Updated On Thu, May 12th, 2022 by Saurenergy Uttar Pradesh has a new tender out, inviting bids to develop 75 MW of projects in the state. State owned Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) uploaded on the website the details of the Request for Selection {RfS} . According to the RfS, “the projects will be developed in Makrecha village (25 MW), […] Read more
NTPC generated record 360 BU of energy during FY21-22 Updated On Fri, Apr 1st, 2022 by Saurenergy NTPC, India’s largest integrated power generating company, has reported the highest-ever annual group generation of 360 BU (billion units) during FY2021-22, a growth of 14.6% compared to the previous year. During this period, NTPC states, the company also recorded the highest-ever single day generation of 1215.68 MU (Group) & 1013.45 MU (NTPC). The coal-based plants […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
UP Adds 100 MW Solar As Tata Power Renewables Commissions Two Projects Updated On Tue, Jan 18th, 2022 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a 100% subsidiary of Tata Power has confirmed commissioning of two Solar Power projects of 50 MW each at Prayagraj, and Banda in Uttar Pradesh. The landmark projects have been completed by TPREL within the agreed timelines inspite of Covid challenges. The plants are expected to generate more than […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
PM Modi to Lay Foundation Stone of 600 MW Solar Park in Jhansi, UP Updated On Thu, Nov 18th, 2021 by Saurenergy Prime Minister Narendra Modi will lay the foundation stone of a 600 MW solar power park in Uttar Pradesh’s Bundelkhand on Friday as part of his visit to Mahoba and Jhansi districts to launch multiple development projects worth over Rs 6250 crore which are aimed at alleviating issues of water shortage for farmers in the region. […] Read more
UPNEDA Invites Bids for Empanelment for 38 MW Rooftop Solar Plants Updated On Wed, Nov 17th, 2021 by Saurenergy The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited e-bids from eligible vendors interested in being empanelled for the design, supply, erection, testing and commissioning, including warranty and comprehensive operation & maintenance, of 38 MW of grid-connected rooftop solar plants for residential consumers under CAPEX model for a period of five years in Uttar Pradesh. […] Read more
