Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
Satyajit Ganguly Joins PXIL as CEO & MD Updated On Wed, Jun 28th, 2023 by Saurenergy Satyajit Ganguly has joined Power Exchange India Ltd (PXIL) as its Managing Director and Chief Executive Officer (CEO). Satyajit’s professional experience spanning 35 years entails working with NTPC, Central Electricity Authority in Western Regional Electricity Board (WREB), Power Grid, Lanco Power Ltd, Vedanta Group, OTPC. Before he joined PXIL, Satyajit was Managing Director with North […] Read more
SECI Announces NIT for 800 MW RTC Power For Haryana Updated On Mon, Jun 26th, 2023 by Saurenergy SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […] Read more
Thermax Subsidiary First Energy Commissions 45.80 MW Wind-Solar Hybrid Captive Plant Updated On Thu, Jun 22nd, 2023 by Saurenergy First Energy Private Limited (FEPL), a wholly owned subsidiary of Thermax Limited, an energy and environment solutions provider has commissioned a 45.80 MW wind-solar hybrid (WSH) captive power plant in the state of Gujarat. The state-of-the-art facility has an installed capacity of 24.3 MW of wind energy and 21.50 MW of solar energy. The plant […] Read more
NHPC Limited Appoints Uttam Lal As Its New Director (Personnel) Updated On Wed, Jun 14th, 2023 by Saurenergy India’s leading hydro power generator-National Hydro Power Corporation (NHPC) Limited has now appointed Uttam Lal as its Director (Personnel). Lal, before this appointment at the NHPC, was serving as Chief General Manager (HR-CSR/R&R/LA) at NTPC Limited. “He has over 35 years of vast and rich experience in the area of Personnel Management, Industrial Relations and […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Amp Energy Closes Investments Totaling USD 250 Million From SMBC, ICG, and AIIB Updated On Mon, Jun 12th, 2023 by Saurenergy Delhi-based Amp Energy India, with a total portfolio of 2.7GW+ spread across 17 states in the country Mumbai, Bangalore & Kolkata. The company has secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the […] Read more
Inox Wind Wins 100 MW Project from ABEnergia Renewables Updated On Thu, Jun 8th, 2023 by Saurenergy Wind energy solutions provider, Inox Wind has won an order for a 100 MW wind power project from ABEnergia Renewables Pvt Ltd (ABEnergia), an IPP (Independent Power Producer). Inox Wind will be responsible for the supply and installation of state-of-the-art, new generation 3.3 MW wind turbine generators with 145 m rotor diameter and 120 m […] Read more
