UDAY Not Failure; New Version Likely in Budget: Power Minister Updated On Tue, Jan 28th, 2020 by Saurenergy Ahead of the upcoming Union Budget on Saturday, Power Minister R K Singh said that the UDAY (Ujwal DISCOM Assurance Yojana) scheme was not a failure, however, an improved version of the programme, meant for revival for Discoms and to ensure 24X7 power, maybe announced in Budget. During an event, the Minister said quoted PTI […] Read more
Bihar Approves Tariff for 2 MW Power From Floating Solar Project Updated On Wed, Jan 22nd, 2020 by Saurenergy The Bihar Electricity Regulatory Commission has approved a tariff of Rs 4.15/kWh for the procurement of 2 MW power from a floating solar PV plant in Darbhanga. The Bihar Electricity Regulatory Commission (BERC) has in its latest order approved a tariff of Rs 4.15 per kWh for procurement of 2 MW solar power from a […] Read more
ACWA Power to Build 240 MW Wind Project in Azerbaijan Updated On Fri, Jan 10th, 2020 by Saurenergy ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […] Read more
MNRE Shares List of Insurance Providers for Solar Power Plants Updated On Wed, Jan 8th, 2020 by Saurenergy With an aim to provide some relief to solar energy industry stakeholders, the Ministry of New and Renewable Energy (MNRE) has shared a list of those insurers who are currently offering products covering various risks associated with the solar power plants. The MNRE said in a statement that it had taken up with the Department […] Read more
IFC Inks Pact with Bangladesh to Spur Solar Power Generation Updated On Tue, Jan 7th, 2020 by Saurenergy With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […] Read more
MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power Updated On Fri, Jan 3rd, 2020 by Saurenergy MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […] Read more
Western Rajasthan Generating Surplus Power From Wind and Solar Plants Updated On Thu, Jan 2nd, 2020 by Saurenergy For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan region generate surplus power For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan generate surplus power, and in turn, have helped in considerably reducing greenhouse gas emissions. In Jaisalmer region, the total installed wind power capacity […] Read more
ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia Updated On Tue, Dec 24th, 2019 by Saurenergy ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
