Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. State-owned Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) document for setting up of 1200 MW ISTS connected wind power projects (Tranche-VI) on “Build Own Operate” basis. This 1200MW solar-wind hybrid tender […] Read more
NIT for Setting-Up 1.2GW ISTS Connected Solar PV Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The detailed Request for Selection (RfS) document will be available for downloading from January 14, 2019 onwards. The Solar Energy Corporation of India (SECI) has invited online bids for the setting up of 1200 MW ISTS connected solar PV power projects (ISTS-III). However, the detailed Request for Selection (RfS) document will be available for downloading from January […] Read more
SECI Invites Bids for 7.5GW Solar Projects in Leh, Kargil Updated On Wed, Jan 2nd, 2019 by Saurenergy Moreover, SECI will enter into the Power Purchase Agreement (PPA) with the successful bidders for purchase of solar power for a period of 35 years. The government-backed Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) document for selection of solar power developers for setting up of 7500 MW grid-connected solar […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Growth of Indian Solar Capacity Slowing Down: Experts Updated On Mon, Dec 31st, 2018 by Saurenergy According to Bridge To India’s latest report, India’s total solar capacity touched 27.4 GW by the end of September 2018. India’s solar capacity which had been witnessing a continual growth over the last four year took a slump in 2018 because of policy challenges and struggles in execution of the projects. Vinay Rustagi, Managing Director […] Read more
Growatt Dedicated to Development of Indian Solar Power: Rucas Wang Updated On Mon, Dec 31st, 2018 by Saurenergy According to statistics and reports, India is projected to be third largest solar market in the world after China and the US by the end of this year. India stands at a sweet spot to become solar energy major and Growatt is dedicated to the development of Indian solar market for over seven years, Rucas […] Read more
India Received $3.2 Bn of FDI in Renewable energy in Last Three Years Updated On Fri, Dec 28th, 2018 by Saurenergy In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […] Read more
