Renew Energy Concall. Sumant Sinha Sees 25 GW Corporate PPA Market In India Updated On Fri, Nov 19th, 2021 by Saurenergy Renew Power, or its new listed avatar, Renew Energy Global (RNW) hosted its first earnings call after its Q2 results yesterday. Presenting at the call were Sumant Sinha – Founder, Chairman, and CEO and D Muthukumaran – CFO. Capacity Additions On Schedule For Renew, which has positioned itself as the leading renewable energy firm from India, it […] Read more
Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects Updated On Thu, Nov 18th, 2021 by Saurenergy Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […] Read more
Assistant Manager- Project Planning Updated On Thu, Nov 18th, 2021 by Saurenergy Prepare detailed Cluster level logistic plan in line with the overall project logistic plan. Prepare Cost estimation of project compiling the cost of Materials, Manpower, Equipment, Subcontracts, Overheads etc. required for the execution of the project and ensure completion of the project within the Budgeted Cost. Support for tender finalization of Civil / HVAC/ ELEC/Plumbing/Fire […] Read more
APERC Go Ahead For AP Discoms Purchase of 7 GW Solar Power from SECI Updated On Tue, Nov 16th, 2021 by Saurenergy According to a recent notification, the Andhra Pradesh Electricity Regulatory Commission (APERC) has granted Andhra Pradesh distribution companies (DISCOMs) approval of their proposal to procure 7000 MW solar energy in three tranches from the Solar Energy Corporation of India (SECI), permitting them to enter into tripartite power sale agreement (PSA) subject to the determination of […] Read more
JSW Solar, Shirdi Sai Electricals and Reliance Win Solar PLI Allotments Updated On Fri, Nov 12th, 2021 by Saurenergy In the end, IREDA’s final list of winners for the Solar PLI (Performance Linked Incentives) scheme threw up no surprises as the bidders with plans for all stages of production and the highest capacity bids of 4 GW walked away with the top 3 allotments. Designed to encourage the setting up of manufacturing capacities for […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Andhra Energy Minister Iterates Plans To Purchase of 7000 MW of Solar Power Through SECI Updated On Mon, Nov 8th, 2021 by Saurenergy Andhra Pradesh energy Balineni Srinivasa Reddy has repeated his government’s plans to procure 7000 mega watts (MW) of solar power from the Solar Energy Corporation of India (SECI) to ensure free power to 18 lakh farmers for nine hours until 2046. That would seem to imply supplies starting this year for the next 25 years. […] Read more
Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
Inverter Major Sungrow Hits 10 GW Shipment Record In India Updated On Tue, Nov 2nd, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has breached a new milestone for PV inverter shipments in India – 10 GW. Gratifyingly for the firm, it has not been even one year since the last 7 GW record, announced in January 2021. The company has clearly done well from the sharp recovery of […] Read more