ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
Railways to Give up Land for 500 MW Solar Plants to Meet Energy Needs Updated On Tue, Dec 31st, 2019 by Saurenergy The railways will offer its vacant land to install 500 MW solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. The railways will offer its vacant land to install 500-megawatt solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. This is in addition to the railways’ aim of […] Read more
EESL, HPCL Join Hands to Develop EV Charging Infrastructure Updated On Tue, Dec 31st, 2019 by Saurenergy In a bid to promote electric vehicles (EV) under the National Electric Mobility (e-mobility) Programme, government-backed Energy Efficiency Services Limited (EESL) has entered into a two-year Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to set up public charging infrastructure. Further, the objective behind the MoU was synergising business development for setting up […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
WWF India Report on Global Corporate Renewable Power Procurement Models: Lessons for India Updated On Mon, Dec 30th, 2019 by Saurenergy In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable Power Procurement Models: Lessons for India’ reviews the progress made by C&I consumers globally and in India for renewable power procurement, and highlights […] Read more
West Bengal Seeking Consultants for the Proposed 125 MW and 75 MW Solar Projects Updated On Mon, Dec 30th, 2019 by Saurenergy WBSEDCL has issued an EOI for the engagement of a consultant for the 125 MW Phase – I and the 75 MW Phase – II solar projects to be located in West Bengal. The West Bengal State Electricity Distribution Company (WBSEDCL) has issued an Expression of Interest (EOI) for the engagement of reputed consultants for […] Read more
CEL Tenders for Supply of 5 MW Solar Modules for Maharashtra Projects Updated On Mon, Dec 30th, 2019 by Saurenergy CEL tenders for the supply of 5 MW multi-crystalline solar PV modules, to be supplied at various substations in various districts of Maharashtra. The Central Electronics Limited (CEL) has issued a tender for the supply of 5 MW multi-crystalline solar PV modules (72 Si solar cells), to be supplied at various substations in various districts […] Read more
Inox Wind Bags 250 MW EPC Contract from Continuum Power Updated On Mon, Dec 30th, 2019 by Saurenergy Country’s one of the leading wind energy solutions provider Inox Wind has secured an engineering, procurement and construction (EPC) contract of 250 MW of wind energy projects from Continuum Power Trading (TN) Pvt Ltd, an arm of Continuum Wind Energy group. As per the signed term-sheet, the Noida-headquartered company will supply, erect and commission 250 […] Read more
Discoms Faced Losses Worth Rs 27k Crore in FY19: RK Singh Updated On Mon, Dec 30th, 2019 by Saurenergy Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, RK Singh has said. Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, Union Minister of Power and New and Renewable Energy RK Singh has said. The government […] Read more
