Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
BHEL commissions 3 MW Solar Power Plant in Dadra and Nagar Haveli Updated On Fri, Apr 28th, 2017 by Saurenergy Bharat Heavy Electricals Ltd has developed the 3 megawatt solar power project on a turnkey basis for Dadra and Nagar Haveli Power Distribution Corporation Ltd. State-owned power sector equipment manufacturer Bharat Heavy Electricals Ltd. has commissioned a 3 MW solar power plant in the union territory of Dadra and Nagar Haveli. BHEL told ET that […] Read more
Central Electronics Limited Tenders 3.22 MW of Rooftop Solar Power Project for Northern Railways Updated On Fri, Apr 28th, 2017 by Saurenergy The 3.22 MW rooftop solar power project will be developed under the RESCO model and the project completion timeframe is nine months. Central Electronics Limited (CEL) tendered 3.22 MW of grid-connected rooftop solar to be installed at railway workshops under Northern Railway across Indian states. The bid-submission deadline is May 26, 2017. The CEL stated, […] Read more
Maharashtra Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Maharashtra Solar Energy Policy Updates 2017 As per the new proposed changes by Maharashtra Electricity Regulatory Commission (MERC) in July 2017 the new regulations will be called the Maharashtra Electricity Regulatory Commission (Net Metering for Roof-top Solar Photo Voltaic Systems) (First Amendment) Regulations, 2017. Some of the highlights of the proposed changes are as follows: […] Read more
West Bengal Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy TARGET As per MNRE there is a target to harness 5336 MW of solar power through grid connected projects and through rooftop in the state. LAND ALLOTMENT Government land, if available, permission for use will be given for 30 years or the project life whichever is less. Land to be allocated and transferred to WBGEDCL, […] Read more
Jharkhand Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Jharkhand Solar Energy Policy Updates 2017 A 50 percent subsidy to residential consumers and a 10 percent subsidy to commercial (industrial) consumers installing rooftop solar will be provided by the Jharkhand State government, the policy was implemented in July 2017. OBJECTIVE The objectives of the Policy are as follows To encourage participation of private sector […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
Haryana Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Haryana Solar Energy Policy Updates 2017 A discussion paper was released by the Haryana Electricity Regulatory Commission (HERC) in July 2017, stating Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC)) Regulations, 2017. The draft mentioned the useful life for solar power projects determined […] Read more
Chhattisgarh Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE To encourage, develop and promote solar power generation in the State with a view to meet the growing demand for power in an environmentally and economically sustainable manner. To enhance the private sector participation in solar power generation. To create a favorable environment for development of solar manufacturing capabilities within the State. To contribute […] Read more
