MNRE Plans to Bid 60 GW of Solar Capacity by the Year 2020 Updated On Wed, Dec 12th, 2018 by Saurenergy Projects worth each 30 GW solar power and 10 GW wind power capacity would be bid out each in the year 2018-19 & 2019-20. To meet the target of achieving 175 GW of renewable energy by the year 2022, the Ministry of New and Renewable energy aims to issue tenders for 60 GW of solar […] Read more
MNRE Again Amends Guidelines for Viability Gap Funding Updated On Wed, Dec 12th, 2018 by Saurenergy Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […] Read more
NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
MNRE asks State Utilities to Issue Wind, Solar Tender Updated On Mon, Dec 10th, 2018 by Saurenergy With most states falling behind their renewable purchase obligation (RPO) targets, MNRE has given out these instructions to state power utilities. Ministry of New and Renewable Energy (MNRE) has instructed state power utilities to issue tenders for solar and wind energy instead of depending on central agencies for meeting their renewable targets. With most states […] Read more
MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir Updated On Sat, Dec 1st, 2018 by Saurenergy Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […] Read more
West Bengal Issues Tender for Two MW Rooftop Project Updated On Sat, Dec 1st, 2018 by Saurenergy The tender will also include five years warranty and comprehensive maintenance in residential, institutional, and social sector on turnkey basis. Pushing for solar rooftops in the state, the West Bengal Renewable Energy Development Agency has issued a tender for 2MW of grid-connected solar-rooftop projects to be developed. The tender will also include five (5) years […] Read more
Uttar Pradesh to Soon Start Installing Smart Meters Updated On Fri, Nov 30th, 2018 by Saurenergy To be installed later in a phased manner, UPPCL had filed a petition seeking the approval of the regulatory commission for the installation of smart meters. Soon four million residents of Uttar Pradesh will get high tech smart meter, as the Uttar Pradesh Electricity Regulatory Commission has cleared Uttar Pradesh Power Corporation Ltd’s petition regarding […] Read more
Surat to Have 25 MW Solar Capacity by February 2019 Updated On Mon, Nov 26th, 2018 by Saurenergy During phase one, the city administration had received 4500 applications from the residents and commercial establishment. Aiming to become the first solar city of India, Surat is poised to have 25 MW installed capacity by February 2019. Currently having 15 MW of installed capacity, the city tops the solar energy generation chart. A total of […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
