Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme Updated On Thu, Nov 21st, 2019 by Saurenergy Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme. Now, […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
NDMC to Install ‘Solar Tree’ under Smart City Project Updated On Tue, Aug 14th, 2018 by Saurenergy The batch included free Wi-Fi, solar tree, ideation center, interactive LED screens installation, two hi-tech nurseries, four mechanical road sweepers, two litter picking machines and 10 auto tippers undertook by NDMC. The government seems to ‘kill two birds with one stone’ as Home Minister Rajnath Singh asserts to install solar tree in Delhi under the […] Read more
India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022 Updated On Fri, Aug 3rd, 2018 by Saurenergy India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […] Read more
Power generation capacity from renewable energy sources Updated On Thu, Aug 2nd, 2018 by Saurenergy India’s Nationally Determined Contributions (NDCs), as submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, inter-alia, include achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030. India has taken various initiatives, including setting up of National Solar Mission and announcing target […] Read more
Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award Updated On Thu, Jul 19th, 2018 by Saurenergy The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […] Read more
Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] Read more
