President Mukherjee inaugurates integrated bio-solar-wind Microgrid centre at IIEST, Shibpur Updated On Fri, May 19th, 2017 by Saurenergy “The integrated Bio-Solar-Wind micro-grid centre of IIEST is one cog in the wheel of sustainable development. We must ensure that electricity is available for ordinary people and potable water is provided for consumption of both humans and animals.” The President of India, Pranab Mukherjee inaugurated a Bio-Solar-Wind Microgrid Centre and Centre for Water and Environment […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
IIEST successfully creates country’s first smart grid project Updated On Wed, May 17th, 2017 by Saurenergy “The smart grid will be synchronised to generate power from solar, wind and vegetable waste resources, depending on the weather conditions and availability of waste products. It is the first of its kind in the country” The Indian Institute of Engineering Science and Technology (IIEST) has successfully created the country’s first smart grid project, which […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Municipalika 2017 to Host 14th International Exhibition & Conference on Smart & Sustainable City Solutions in Mumbai Updated On Tue, May 16th, 2017 by Saurenergy 14th International Exhibition on Smart and Sustainable City Solutions will take place at Municipalika 2017 in CIDCO’s Exhibition Centre, Navi Mumbai. Municipalika is organizing a three day exhibition and conference from 18th to 20th May, 2017 at the CIDCO Exhibition Centre, Navi Mumbai. The country has been witnessing focussed initiatives for development of planned, smart, […] Read more
NTPC Masala Bonds Now Available for Trading on the London Stock Exchange Updated On Tue, May 16th, 2017 by Saurenergy NTPC is one of the first companies to list their recent Masala Bond on London Stock Exchange’s innovative new debt market and is available for trading. This will provide opportunity to access quality investors for meeting the financing needs. India’s state-run NTPC is among the first bonds to list on a new International Securities Market […] Read more
Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
Historic low Tariff of Rs. 2.44 per unit discovered in Bhadla Phase-III Solar Park in auction by SECI Updated On Sat, May 13th, 2017 by Saurenergy The earlier lowest tariff of Rs. 2.62 per kWh, was discovered recently in the auction conducted by SECI for 250 MW Bhadla Phase-IV Solar Park in Rajasthan. The record low tariffs achieved in the auction concluded on 09.05.2017 for Bhadla Phase-IV Solar Park, Rajasthan has been broken, with even lower tariff of Rs. 2.44 per […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more