NLC India gives up on plans to set up project plans in Rajasthan Updated On Mon, Oct 10th, 2016 by Saurenergy NLC India Ltd. has cast aside its plans to set up solar projects in Rajasthan as the state’s power distribution companies have turn down to purchase the power generated at the rate NLC had estimated. NLC, earlier called Neyveli Lignite Corporation, had in January invited global tenders to set up four blocks of solar projects […] Read more
State Power Ministers to participate in two day conference scheduled on 7th & 8 October in Gujarat Updated On Tue, Oct 4th, 2016 by Saurenergy A Two-day conference of Ministers for Power, New & Renewable Energy & Mines of States & Union Territories will be held on 7th & 8th of this month in Vadodara, Gujarat. The Conference will be inaugurated by Power, Coal, New & Renewable Energy and Mines Minister Piyush Goyal. Main objective of this conference is to […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
HERC upswings incentive on rooftop solar plants installed for residential buildings Updated On Tue, Sep 27th, 2016 by Saurenergy A step that might help push solar power generation in the state, the Haryana government has quadrupled the incentive given to rooftop solar plants installed under the state’s new solar policy for residential buildings, from 25p per kWh to Rs1 per kWh. The notice released from Haryana Electricity Regulatory Commission (HERC) states that from starting […] Read more
If the solar tariff increases then the demand of solar will go down which will impact the further capacity roll-out: Hindustan Power Updated On Fri, Sep 23rd, 2016 by Saurenergy The Clean energy arm of Hindustan Power is one of the leading India’s player in solar power generation. It has developed solar farms across the country and internationally. Hindustan Power played major role in changing the scenario of solar power in India. India’s first solar power plant of 5 MW capacity and the then Asia’s […] Read more
MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects Updated On Sat, Sep 10th, 2016 by Saurenergy Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […] Read more
21 Lakh Solar Renewable Energy Certificates remained unsold till the IEX’s August trading session Updated On Fri, Sep 2nd, 2016 by Saurenergy Around 21 lakh solar renewable energy certificates and another 73 lakh non-solar renewable certificates have piled up, remaining unsold till the August trading session of Indian Energy Exchange. It is estimated that only 22K solar certificates and 1.36 lakh non-solar certificates were sold in the session. Solar certificates were sold at Rs. 3500 per certificates […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more
