IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
Greener Buildings in Orissa. Govt to consider Solar Power in Building Laws Updated On Thu, Feb 7th, 2019 by Saurenergy The Department also seeks to make adherence to energy efficient building code mandatory for obtaining the building plan approval in Urban Local Bodies. The state government of Odisha may soon make it mandatory for buildings to install solar panels on rooftops by making a provision in the building plan approval. In support of the new […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Bangalore International Airport Inaugurates Rooftop Solar Plant Updated On Thu, Feb 7th, 2019 by Saurenergy The solar system is expected to generate around 4.7 million units of power per annum. The Kempegowda International Airport (Bangalore) inaugurated its 3.35 MW rooftop solar power plant. The power generated from the rooftop systems will be used to meet the electricity demands of the airport. The solar system is expected to generate around 4.7 […] Read more
Arunachal Pradesh Soon to Be Declared 100% Electrified Updated On Thu, Feb 7th, 2019 by Saurenergy The PM will lay the foundation stone of Sella Tunnel and its approach road in Tawang district besides the declaration of 100 percent household electrification in the state under the Saubhagya Scheme. Prime Minister Narendra Modi on his visit to Arunachal Pradesh on February 9, 2019, is set to declare the state 100 percent electrified. […] Read more
Govt. implements various programs/schemes for promotion of grid interactive renewable energy Updated On Thu, Feb 7th, 2019 by Saurenergy The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […] Read more
Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
AAI Seeks Engineering Consultancy for 5 MW Solar Project at Calicut Airport Updated On Wed, Feb 6th, 2019 by Saurenergy The last date of bid submission is February 15, 2019. The Airport Authority of India (AAI) has invited bids from eligible consultancy/EPC Firms having experience in solar power projects for providing consultancy on the provision of 5 MW solar plant at the Calicut Airport. The brief scope of work for winning bidders will include the […] Read more
