Mizoram becomes 27th State to join UDAY Updated On Mon, Apr 3rd, 2017 by Saurenergy Mizoram would derive an overall net benefit of approximately Rs.198 crores by opting to participate in UDAY The Government of India and the State of Mizoram signed a Memorandum of Understanding (MOU) under the scheme Ujwal DISCOM Assurance Yojana (UDAY) for operational improvement of the State’s Power Distribution Department. With the signing of MoU by Mizoram, the […] Read more
Railways join hands with BHEL for setting up of a roof top solar power plant in Patiala Updated On Mon, Apr 3rd, 2017 by Saurenergy Indian Railways Organization for Alternate Fuel (IROAF) signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for constructing the 2MW roof top solar power plant under the government’s incentive scheme Railways has joined hands with power equipment maker BHEL for setting up of a roof top solar power plant in Patiala to meet the energy […] Read more
Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
NTPC reportedly planning expansion of solar power generation capacity Updated On Fri, Mar 31st, 2017 by Saurenergy NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […] Read more
ReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid Updated On Thu, Mar 30th, 2017 by Saurenergy ReneSola managed the design and construction of these ground-mount solar projects, and will provide ongoing operation and maintenance services until final acceptance. ReneSola has announced the completion and grid connection of two ground-mount projects in the United Kingdom. These projects have a combined capacity of approximately 10 MW. ReneSola managed the design and construction of […] Read more
Kerala, Arunachal Pradesh and Tripura join UDAY Updated On Thu, Mar 30th, 2017 by Saurenergy Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […] Read more
