Adani Green Energy Raises Rs 402 crore Through Offer For Sale Updated On Fri, Jun 14th, 2019 by Saurenergy Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […] Read more
SECI Signs PSA’s Worth 800 MW Solar and Wind Power with Bihar Discoms Updated On Fri, Jun 14th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has signed three Power Supply Agreements (PSA) with Bihar DISCOMS worth 800 MW. The 3 PSAs aggregating 450 MW Solar and 350 MW Wind Power signed by SECI with the state distribution companies of Bihar. 3 PSA s aggregating 450 MW Solar and 350 MW Wind Power signed […] Read more
Move to add Momentum to Charging Station Build Up Coming Updated On Wed, Jun 12th, 2019 by Saurenergy Close on the heels of Uttar Pradesh’s policy prescription for charging stations, the central government is set to unveil its own subsidy proposals for all states. The proposal is a follow up to the Fame 2 subsidy proposals, which have shifted the benefits of subsidies to public transport and two-wheelers. The FAME India Scheme (Faster […] Read more
GIPCL Commissions 75 MW Solar Plant in Gujarat Updated On Fri, Jun 7th, 2019 by Saurenergy Gujarat Industries Power Company Ltd. (GIPCL) has announced the commissioning of a 75 MW solar PV power plant at Gujarat Solar Park in Patan, Gujarat. GIPCL had emerged as one of the successful bidders for the 75 MW solar power plant in the e-reverse auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) in […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
IREDA Seeking Resource Assessment Agencies for Solar and Wind Energy Updated On Wed, May 29th, 2019 by Saurenergy The last date for bid submission is May 31, 2019, for empanelment of resource assessment agencies. The Indian Renewable Energy Development Agency Limited (IREDA) has issued a Request for Proposal (RfP) inviting proposals from eligible parties for empanelment of resource assessment agencies for solar and wind energy. The brief scope of work for the empaneled […] Read more
GERC Rules in Favour of Developer For Wheeling Charges on its Wind Project Updated On Mon, May 27th, 2019 by Saurenergy Aarvee had filed a petition with the state commission against Torrent Power and the Gujarat Energy Transmission Corporation Ltd. (GETCL). The Gujarat Electricity Regulatory Commission (GERC) in a recent hearing and subsequent order has sided with Aarvee Denims and Exports Limited (Aarvee) in the matter of wheeling of power from its wind project. In its […] Read more
Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV Updated On Mon, May 27th, 2019 by Saurenergy The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […] Read more
