Sterlite Gets Rs 1373 Cr for 6000 MVA Neemrana Transmission Project Updated On Wed, Jun 5th, 2024 by Saurenergy The Neemrana II Kotputli Transmission Limited (NKTL) project has closed the financing transaction, according to Sterlite Power, a well-known operator in the power transmission industry. The enterprise has achieved a significant milestone with the acquisition of a sizeable sum of INR 1373 crore from Power Finance Corporation (PFC), a prestigious Maharatna Public Sector Enterprise. The […] Read more
Adani Solar Signs MoU With Almiya Group, To SetUp 225 MW Solar Farm In Kerala Updated On Tue, May 28th, 2024 by Saurenergy Adani Solar, the solar PV manufacturing arm of the Adani Group has announced that it has signed a Memorandum of Understanding (MoU) with the Kochi-based Almiya Group. The company is a well-known solar distributor, to solidify its presence in the region. Adani Solar also laid out the plan to build a 225 MW solar power […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
India Issued 69GW+ Renewable Tenders In FY24, Says IEEFA Report Updated On Mon, May 6th, 2024 by Saurenergy The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian government’s own annual target of 50 GW. The global energy think tank attributed this to the strong push from the Union government at […] Read more
Torrent Power Secures 450 MW Wind-Solar Hybrid Project Updated On Mon, Apr 1st, 2024 by Saurenergy Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […] Read more
NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
CERC Grants Transmission Approval to POWERGRID In Andhra Pradesh Updated On Fri, Mar 1st, 2024 by Saurenergy A petition was filed by POWERGRID Ananthpuram Kurnool Transmission Limited for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act to establish the Inter-State Transmission System for the “Transmission Scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW ) and Kurnool (1000 MW), Andhra Pradesh” on a Build, […] Read more
SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid? Updated On Thu, Feb 29th, 2024 by Saurenergy The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […] Read more
