PM Lays Foundation Stone for 2400 MW Phase-I of NTPC’s Patratu Power Plant in Jharkhand Updated On Sat, May 26th, 2018 by Saurenergy This project is a Joint Venture (JV) in the ratio of 74:26 between Government of Jharkhand (GoJ) and Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a NTPC’s subsidiary establishing a total capacity expansion of 4,000 MW. Envisioning the brighter future for India’s 19th state, the Prime Minister Narendra Modi has laid the foundation stone for the […] Read more
RBI Cancels Govt Request to Ease Norms for Stressed Power Cos Updated On Wed, May 9th, 2018 by Saurenergy RBI has stated that it is for lenders, administrative ministries, and the developers to find the solution as the regulator won’t give any special treatment to a particular sector. Power Projects worth 20,000 MW are at the verge of liquidation, as the Reserve Bank of India (RBI) has rejected the government’s demand to ease the […] Read more
Power Ministry, Skill India Join Hands to Support ‘Saubhagya’ Scheme Updated On Wed, Mar 28th, 2018 by Saurenergy The scheme aims to achieve universal household electrification in all parts of the country in a time bound manner. Giving a further fillip to the Government’s mission of bringing electricity to every household and to empower the rural youth, Power Ministry has partnered with the Skill Development & Entrepreneurship Ministry to train the manpower in six […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC Updated On Fri, Mar 9th, 2018 by Saurenergy He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […] Read more
Exicom Installs AC & DC EV Charging Station at Power Ministry Premises Updated On Thu, Mar 8th, 2018 by Saurenergy After the successful tender of 10000 electric cars last year, the demand for e-vehicle constantly rising across various departments of the Union and state governments, says R K Singh. In a move to develop EV charging points across the country, Gurgaon-headquartered Exicom has installed AC & DC electric vehicle (EV) charging station at Ministry of […] Read more
Govt Extends Transmission Charge Waiver Period for Solar Projects Till March 2022 Updated On Mon, Feb 19th, 2018 by Saurenergy The waiver will be available to these projects for 25 years from the date of commissioning provided the developers sign power purchase agreements with entities, including discoms, for sale of power for compliance of their renewable purchase obligation. The government has extended the window to avail waiver of inter-state power transmission charges and […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
