Parliamentary Panel Blames MNRE of Poor Financial Planning in Vital Sector Updated On Tue, Mar 9th, 2021 by Saurenergy The parliamentary panel has stated that the low utilisation of even decreased allocated amounts is symptomatic of poor financial planning by MNRE The Standing Committee on Energy recently presented its ‘Demand for Grants 2021-22’ report for the Ministry of New and Renewable Energy (MNRE) in the parliament. Based on its findings and observations, the parliamentary […] Read more
Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy Updated On Fri, Mar 5th, 2021 by Saurenergy Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […] Read more
NTPC Gets Tariffs Approved for 3 GW Solar Projects From 2015-16 Updated On Thu, Mar 4th, 2021 by Saurenergy CERC has approved the tariff obtained by NTPC for 3 GW of solar projects for which it had issued the RfS documents during 2015-16. The Central Electricity Regulatory Commission (CERC) has approved the tariff obtained by NTPC ltd for 3000 MW (3 GW) of solar projects for which it had issued the Request for Selection […] Read more
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up Updated On Thu, Mar 4th, 2021 by Saurenergy Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
MSMEs Should Avail Concessional Debt Finance to Install Rooftop Solar: Gadkari Updated On Mon, Mar 1st, 2021 by Saurenergy Nitin Gadkari has invited MSMEs to look at accessing concessional debt finance to install rooftop solar systems to improve business efficiency Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has invited MSMEs in India to look at accessing concessional debt finance to install rooftop solar systems to improve their business efficiency. […] Read more
No Concessional Custom Duty on Imported Items for Initial Setting up of Solar Plants Updated On Mon, Mar 1st, 2021 by Saurenergy MNRE will be discontinuing the benefit of Concessional Custom Duty for items imported for the initial setting up of solar projects The Ministry of New and Renewable Energy (MNRE) has notified that it will be discontinuing the benefit of Concessional Custom Duty in respect of items imported for the initial setting up of solar power […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
Tumakuru Smart City Floats Tender For 20 MW Floating Solar Project Updated On Thu, Feb 25th, 2021 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) of GoI has initiated the Smart City Mission (SCM) and selected Karnataka’s Tumakuru city to be developed as a Smart City. As part of the Smart City Initiative, Tumakuru Smart City Limited (TSCL) has floated a tender for the development of a 20 MWp Grid Connected Floating […] Read more
