State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points Updated On Thu, Apr 1st, 2021 by Saurenergy State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […] Read more
RERC Invites CSR Funding to Energise Schools in Rajasthan With Solar Updated On Thu, Apr 1st, 2021 by Saurenergy In a follow up to its draft order issued on February 10, regarding provision of solar plants at schools that are off grid or have very poor grid connectivity, the Rajasthan Electricity Regulatory Commission (RERC), in an order on March 25, has responded to suggestions as well as queries from stakeholders. The order has followed […] Read more
DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules Updated On Thu, Apr 1st, 2021 by Saurenergy DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […] Read more
SECI Extends Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh Updated On Thu, Apr 1st, 2021 by Saurenergy SECI has extended the deadline for the selection of consultancy firms for OE services for 100 MW solar & 40 MW storage in Chhattisgarh The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV […] Read more
KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh Updated On Thu, Apr 1st, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015. A power purchase agreement (PPA) […] Read more
US Solar PV Project Order Worth Rs 890 Crore for Sterling and Wilson Updated On Wed, Mar 31st, 2021 by Saurenergy Sterling and Wilson Solar Solutions, the US subsidiary of SWSL has signed a solar project order worth ~ Rs 890 crore in the US Sterling and Wilson Solar Solutions (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has signed an order worth USD 121.7 million (~ Rs 890 […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore Updated On Wed, Mar 31st, 2021 by Saurenergy KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […] Read more
Vestas Expands Footprint in Japan With two new Orders Updated On Wed, Mar 31st, 2021 by Saurenergy Global wind major Vestas has announced that it has expanded its footprint in Japan with a 43 MW order for the Yokohama-machi Wind Power Plant in Aomori prefecture, Japan. Owned by Japan Wind Development, the project will feature nine Vestas V117-3.45 MW and three Vestas V105-3.45 MW turbines with 94-meter towers. All turbines are delivered in 3.6 MW operating […] Read more
