Back to Biz: Suzlon’s Shareholders Okay Debt Restructuring Plan Updated On Thu, May 21st, 2020 by Saurenergy Tulsi Tanti formed wind turbine maker Suzlon Energy has now got a new life after its shareholders have approved its debt restructuring plan, and helping it to get back into the business again. The Pune-based company had initiated the process of the postal ballot for seeking approval of its shareholders by way of ordinary and […] Read more
Discoms in Bihar Enjoying Perks of Installing EESL’s Prepaid Smart Meters amid Lockdown Updated On Thu, May 21st, 2020 by Saurenergy Amidst nationwide lockdown where most of the Discoms are dealing with outstanding dues mainly on account of long-pending bill payments from their customers, some of the power distribution companies (Discoms) in Bihar are earning Rs 5 lakh per day prepaid revenue through EESL-led smart metering programme. Bihar became the first state in India which has […] Read more
Indian Oil Tenders for Modification of Inverter Telemetry for Rooftop Solar Plants Updated On Thu, May 21st, 2020 by Saurenergy State-owned energy major Indian Oil Corporation Ltd has floated tender inviting electronic bids from eligible bidders for the modification of inverter telemetry for hosting of a real-time generation of rooftop solar plants of Western Region Pipelines (WRPL) on the common digital platform. The work location under the tender will be Indian Oil’s all locations of […] Read more
Tender Issued for Rooftop Solar Systems at Hubballi Dharwad Smart City Updated On Thu, May 21st, 2020 by Saurenergy Hubballi Dharwad Smart City Limited has issued a tender for rooftop solar PV systems worth approximately 340 kWp at government buildings under HDMC area The Hubballi Dharwad Smart City Limited (HDSCL), Karnataka has issued a tender for the commissioning of rooftop solar PV systems worth approximately 340 kWP on discount over retail tariff basis on […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL Updated On Wed, May 20th, 2020 by Saurenergy Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […] Read more
Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
