SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects Updated On Mon, Dec 20th, 2021 by Saurenergy Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […] Read more
Ayana Renewable Acquires 250MW Solar Assets from ACME in Rajasthan Updated On Thu, Dec 16th, 2021 by Saurenergy ACME Solar Holdings Private Ltd will divest 100% equity stake in its 250 MWac solar PV power plants, located in Rajasthan, to Bengaluru-based renewable energy platform Ayana Renewable Power Private Ltd, following the signing of a new deal between the two companies. With this transaction with ACME, Ayana, which is majority controlled by the National […] Read more
Sambhar Salts Seeks Bids for 4000MW Ultra Mega Solar Project in Jaipur Updated On Mon, Nov 29th, 2021 by Saurenergy Sambhar Salts Limited (SSL), a subsidiary of Hindustan Salts Limited, has invited Expression of Interest (EoI) from relevant parties for the development of an ultra mega solar power project, with around 4000 MW capacity, at Sambhar district, Jaipur, Rajasthan. SSL will only provide land (as per the requirement of the project) available at its Sambhar unit, which has […] Read more
CERC Refuses to Intervene in SB Energy’s PPA/PSA with NTPC & PSPCL Updated On Wed, Nov 3rd, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) turned down SB Energy’s plea to direct NTPC Ltd. and Punjab State Power Corporation Limited (PSPCL) to neither terminate the PPA and PSA signed between the parties nor undertake any coercive action, such as invocation of the performance bank guarantee, and to extend timelines for Condition […] Read more
State Energy Efficiency Index ’20 Out: #1 Karnataka; #2 Rajasthan Updated On Thu, Oct 28th, 2021 by Saurenergy Karnataka has ranked no. 1 on the State Energy Efficiency Index (SEEI) 2020 as a result of undertaking various initiatives to upscale energy efficiency in the state, beyond notifications of relevant regulations, said the Ministry of Power. In SEEI 2020, 36 states and union territories have been assessed. Based on their efforts and achievements, states have […] Read more
NTPC Green Arm Signs First Green Term Loan Worth 500 Cr Updated On Thu, Sep 30th, 2021 by Saurenergy NTPC Renewable Energy ltd (REL), a 100 per cent subsidiary of NTPC ltd, has signed its first green term loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on September 29, 2021, for its 470 MW solar projects in Rajasthan & 200 MW […] Read more
TPREL Commissions 150 MW Solar Project in Rajasthan Updated On Tue, Aug 24th, 2021 by Saurenergy Tata Power Renewable Energy Ltd. (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 150 MW solar power project in Loharki, a village in Rajasthan. Spread across 756 acres of land, this plant is expected to generate more than 350 million units annually. Approximately 656,700 modules were used in the project, and the installation […] Read more
India & Germany Partner to Promote Skill Development in Solar Sector Updated On Wed, Jul 28th, 2021 by Saurenergy Rajasthan Solar Association (RSA) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have signed an agreement for skill development in the solar segment, according to media reports. RSA was set up under the Rajasthan Non-Trading Companies Act 1960 for the promotion of Indian solar power industry. RSA members include top international & national companies comprising […] Read more