ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
Hindustan Power to invest Rs 17000 crore in Madhya Pradesh, focuses on solar Updated On Wed, Nov 30th, 2016 by Saurenergy Hindustan Power will invest Rs 17000 crore in Madhya Pradesh in the energy sector by 2020. This will account for half of the company’s investment plan across the country by that year. Apart from its 1200 MW thermal power plant in Anuppur district, Hindustan Power, formerly known as Moser Baer, has commissioned a 30 MW […] Read more
MNRE approves installation of solar project in Madhya Pradesh’s medical college Updated On Tue, Nov 1st, 2016 by Saurenergy Shyam Shah Medical College, Rewa (MP) has got approval for the installation of solar energy project by Sate Ministry of New And Renewable Energy. Associated with Sanjay Gandhi Memorial Hospital and Gandhi Memorial Hospital, the Shyam Shah Medical College will be the first government medical college in Madhya Pradesh that will function completely on solar. […] Read more
Madhya Pradesh at GIS attracted Investment of Rs.20000 Cr for new and renewable energy sector Updated On Mon, Oct 24th, 2016 by Saurenergy On the concluding day of Global Investors’ Summit 2016 five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector in presence of CM Shivraj Singh Chouhan and Union Minister for Petroleum and Natural Gas (Independent charge) Dharmendra Pradhan and Energy Minister Paras Jain in Indore. After the MoU ceremony […] Read more
NTPC to set up 50 MW solar project in Andaman & Nicobar Island Updated On Fri, Oct 21st, 2016 by Saurenergy NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […] Read more
Madhya Pradesh Government devises a scheme to provide solar panels at subsidized rate Updated On Mon, Oct 17th, 2016 by Saurenergy The state Government of Madhya Pradesh has planned out a scheme of subsidies to motivate the residents to install solar panels. Citizens, who will apply for solar panel producing 2kW solar energy, will be provided with a subsidy of Rs 45000. The actual cost of the panel is Rs. 1.5 lakh. Solar panels can save […] Read more
