NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani Updated On Thu, May 9th, 2019 by Saurenergy Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications Updated On Thu, May 9th, 2019 by Saurenergy The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministry’s Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which […] Read more
Tender For 170 kW Rooftop Solar Projects Issued in Haryana Updated On Wed, May 8th, 2019 by Saurenergy The last date for bid submission is May 10, 2019 Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible parties for the deployment of 170 kW of grid-tied rooftop solar power projects at four locations in Haryana. The 170 kW tendered capacity will be developed as four different projects at the […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
BHEL Floats Tender For Procuring PV Modules Worth 71 MW Updated On Wed, May 8th, 2019 by Saurenergy The last date for bid submission is May 21, 2019 State-owned Navaratna enterprise, Bharat Heavy Electricals Limited (BHEL), has issued a tender seeking bids from eligible vendors to supply Solar Photovoltaic (PV) Modules worth 71.177 MW for development fo solar projects the company is executing. The last date for bid submission is May 21, 2019, […] Read more
