“Coal India & Neyveli sign MoU for stepping up Solar Power Generation” Updated On Thu, Oct 18th, 2018 by Saurenergy Coal India Limited (CIL) and NLC India Limited (NLCIL), formerly Neyveli Lignite Corporation Limited, coming together in a significant step, have inked a Memorandum of Understanding (MoU) today in CIL headquarters, Kolkata for formation of Joint Venture (JV) Company for Solar Power Generation of 3,000 MW and Thermal Power Projects of 2,000 MW capacity. Mr. […] Read more
JSW Energy puts solar power plans on backburner over policy Updated On Mon, Oct 15th, 2018 by Saurenergy As uncertainties loom over the solar power sector, mainly on the policy front, the Sajjan Jindal-led JSW Energy has put its ambitious expansions plans in the segment on the backburner. The company in May had announced plans to set up a 1,000-MW solar photovoltaic (PV) panel manufacturing facility at Vijayanagar in Karnataka and to install […] Read more
Azure Power Gets LoI to Electrify HAL Updated On Fri, Sep 28th, 2018 by Saurenergy The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […] Read more
NIWE Conducts India’s First LiDAR Test to Track Wind Power Updated On Tue, Sep 4th, 2018 by Saurenergy The Light Detection and Ranging (LiDAR) machine was placed 23 km from the coast of Gujarat for a period of 8 months. In a bid to tap the most potential source of wind power, National Institute of Wind Energy (NISE) has successfully conducted India’s first LiDAR based wind power test off the Gulf of Khambhat […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
Sushma Swaraj Urges Indian Diaspora to Foray Country’s Solar Power Sector Updated On Mon, Aug 27th, 2018 by Saurenergy Sushma Swaraj aimed at investment opportunities in the solar power industry that are doing rounds on the back of Indian Government’s target of achieving 100 GW of solar power generation by 2022. Speaking at a panel discussion of ‘Pravasi Bhartiya Divas’, External Affairs Minister Sushma Swaraj urged the present dignitaries and the attendees from the […] Read more
Gov’t Mulls to Subsidize EV Charging Infrastructure: Power Secretary Updated On Thu, Aug 23rd, 2018 by Saurenergy The government is expected to bring in thoughtful methods to feasibly produce chargers and stations and whether it needs subsidy. Society of Manufacturers of Electric Vehicles (SMEV) would have expected delay but not deaf ears of the power ministry as it had asked a month ago that Electric Vehicle (EV) subsidy should be connected to […] Read more
13% of Solar Power Target for FY 2018-19 Met in Q1: MNRE Updated On Fri, Aug 17th, 2018 by Saurenergy Out of the solar power target achieved in April-July period, ground mounted solar capacity amounts to 1304.57 MW and roof top solar capacity is reported at 159.59 MW. Ministry of New and Renewable Energy (MNRE) has released the program wise renewable energy achievements met in the first quarter of financial year 2018-19 including the month […] Read more
Domestic Solar Power Industry Updated On Fri, Aug 10th, 2018 by Saurenergy Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance. As per the final findings dated 16th July, 2018, in the investigations […] Read more
