Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka Updated On Mon, Aug 10th, 2020 by Saurenergy Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […] Read more
CERC Approves Tariff for 480 MW Solar PV Projects Updated On Thu, Aug 6th, 2020 by Saurenergy SECI’s trading margin of Rs.0.07/kWh has also been approved The Central Electricity Regulatory Commission (CERC) has approved a petition filed by the Solar Energy Corporation of India (SECI) for approval of power purchase agreement (PPA) tariff and SECI’s trading margin for sale of power from 480 MW grid-connected solar PV projects. The power will be […] Read more
Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE Updated On Wed, Aug 5th, 2020 by Saurenergy The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […] Read more
Banpu to Acquire 37.6 MW El Wind Mui Dinh Wind Farm Updated On Wed, Aug 5th, 2020 by Saurenergy Acquisition is Valued at $66 million Banpu Public Company Limited, a leading integrated energy solutions company in Asia-Pacific, is acquiring the 37.6 MW El Wind Mui Dinh Wind Farm. The acquisition is valued at $66 million. The El Wind Mui Dinh Wind Farm has been operational since April 23, 2019. According to a company release, […] Read more
200 MW Harvest Ridge Wind Farm is Operational Updated On Wed, Aug 5th, 2020 by Saurenergy Walmart is one of the offtakers from the wind project EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has completed the construction its 200 MW Harvest Ridge wind farm in Douglas County, Illinois, USA. Through […] Read more
Ayana Renewable Acquires Solar Assets Worth 40 MW in Karnataka Updated On Tue, Aug 4th, 2020 by Saurenergy Ayana Renewable Power has announced the acquisition of a 100 percent equity stake in two First Solar developed solar plants, with a total capacity of 40 MW. Ayana Renewable Power Private Limited (Ayana) has announced the acquisition of a 100 percent equity stake in two First Solar developed photovoltaic (PV) solar power plants, with a […] Read more
SECI Extends Deadline for 15 MW Floating Solar Tender in Himachal Updated On Tue, Aug 4th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up of 15 MW grid-connected floating solar PV power plant in Himachal Pradesh. The Solar Energy Corporation of India (SECI) in its latest notification has announced that it has extended the bid submission deadline for its tender for the selection of solar power […] Read more
MERC Directs MSEDCL to Compensate Solar PV Project Developers Updated On Fri, Jul 31st, 2020 by Saurenergy Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […] Read more