DVC to Execute 1776 MW Floating Solar Projects in West Bengal and Jharkhand Updated On Mon, Sep 28th, 2020 by Saurenergy The Damodar Valley Corporation (DVC) is planning to execute 1776 MW of floating solar projects in four of its dams in West Bengal and Jharkhand. State-owned thermal power major Damodar Valley Corporation (DVC) has announced that it will focus only on solar projects to add new capacity to its portfolio. According to a top company official, the […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
West Bengal Government Planning for Floating Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land. The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land, a minister said on September 25, 2020. The government is exploring […] Read more
India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […] Read more
JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender Updated On Sat, Sep 26th, 2020 by Saurenergy JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […] Read more
EOI for Evaluation of Decentralised Solar PV Applications Programme-III Updated On Thu, Sep 24th, 2020 by Saurenergy MNRE intends to engage consultants to undertake the evaluation of Off-grid and Decentralised Solar PV Applications Programme Phase-III. The Ministry of New and Renewable Energy (MNRE) intends to engage reputed consultants/experts to undertake the evaluation of Off-grid and Decentralised Solar PV Applications Programme Phase-III. The scheme consists of the following three components: Installation of 3,00,000 […] Read more
