PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage Updated On Thu, May 18th, 2023 by Saurenergy PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […] Read more
NHPC Solicits Bids for EPC of 75 MW Solar Power Project with O&M Updated On Wed, May 10th, 2023 by Saurenergy National Hydroelectric Power Corporation has issued a tender for EPC contract for the development of 75 MW capacity ISTS connected solar power project anywhere in India for sale of energy through Power Exchange along with comprehensive O and M of 05 years. The cost of bid document is Rs.10,000. The bid security amount is Rs. […] Read more
NHPC Floats Tender for EPC Contract of 50 MW Floating Solar Power Project in Kerala Updated On Mon, May 8th, 2023 by Saurenergy National Hydroelectric Power Company (NHPC) has floated a tender for the Engineering Procurement and Construction (EPC) contract for the development of 50 MW floating solar power project and associated transmission system for grid connectivity along with comprehensive O&M for 05 (five) years at West Kallada, District-Kollam, in the state of Kerala. The online bid submission […] Read more
SJVN Wins 200 MW Grid Connected Solar Power Project in Gujarat Updated On Thu, May 4th, 2023 by Saurenergy Satluj Jal Vidyut Nigam (SJVN Ltd) has bagged a 200 MW grid connected solar power project in Khavda Solar Park, Gujarat. The project has been won through e-reverse auction via competitive bidding. The open competitive tariff bidding was conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). SJVN won the whole capacity of 200 MW it […] Read more
NTPC Arm Bags 500 MW of RE Project from REMCL; Project Nine Renewable Power & Sprng Akshya Urja Other Winners Updated On Fri, Apr 28th, 2023 by Saurenergy REMCL (Renewable Energy Management Company) had declared the results for a 1000 MW renewable energy project. Of the 1000 MW capacity, 900 MW has been tendered. Energy conglomerate NTPC has announced that its arm NTPC Renewable Energy (NTPC-REL) has won a 500 MW renewable energy round-the-clock (RE-RTC) project of the tendered capacity. Sprng Akshya Urja […] Read more
ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
SECI Records 59% Rise in RE Power Trading, Revenue Crosses Rs 10,000 Cr For The First Time Updated On Mon, Apr 24th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) Monday said it recorded a 59 percent jump in the renewable energy power trading volume in Financial Year 2022-23. The arm of the Ministry of New and Renewable Energy (MNRE), in a media release, said that it traded over 35 Billion Units (BU) during the period. It also reported […] Read more
Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 Updated On Fri, Apr 21st, 2023 by Saurenergy The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired. The scheme aims to use the power generation capacity of thermal power plants older than 25 […] Read more
