UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
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
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
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
Piyush Goyal reiterates India’s commitments to combat Climate Change at the ‘World Conference on Environment 2017’ Updated On Mon, Mar 27th, 2017 by Saurenergy Piyush Goyal noted that the largest loss experienced due to climate change is to the poorest and the underprivileged section of the society Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal, addressing an august gathering at the ‘World Conference on Environment 2017’ said that such conferences are […] Read more
The Historic Hyderabad Deccan Railway Station installed with Rooftop Solar Power Plant Updated On Fri, Mar 24th, 2017 by Saurenergy The famous Nampally station, which was built in 1907 by the last Nizam of Hyderabad Osman Ali Khan, gets Rooftop Solar Power Plant. The historic Hyderabad Deccan Railway Station, built in 1907 by Osman Ali Khan, the last Nizam of Hyderabad, has got a rooftop solar power plant, which will help meet some of its […] Read more
Scheme for Enhancement of capacity from 20,000 MW to 40,000 MW for Solar Parks and Ultra Mega Solar Power Projects Updated On Thu, Mar 23rd, 2017 by Saurenergy The enhanced capacity would ensure setting up of at least 50 solar parks each with a capacity of 500 MW and above in various parts of the country Early this year in February, the Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, approved the enhancement of capacity from 20,000 MW to 40,000 […] Read more
