EDF and SITAC Sign PPA for 300 MW Wind Project in India Updated On Mon, Feb 4th, 2019 by Saurenergy Construction of the wind farm will start in 2019. EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project recently awarded by the Indian government. This power purchase agreement (PPA) was […] Read more
President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
HERC Approves PPA for 23 MW of Solar Projects in Haryana Updated On Thu, Jan 24th, 2019 by Saurenergy The commission has approved the PPA of solar projects totaling 23 MW, which the HPPC had signed with four solar project developers. The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) of solar projects after a common petition was filed by Haryana Power Purchase Centre (HPPC) and the […] Read more
MMRDA Issues Tender for 7.63 MW of Rooftop Solar Projects for Mumbai Metro Updated On Fri, Jan 18th, 2019 by Saurenergy The last date of bid submission is March 15, 2019, and the tender will open on March 18, 2019 The Mumbai Metropolitan Region Development Authority (MMRDA) is inviting bids for setting up of 7.63 MW of rooftop solar PV projects at the site of Mumbai Metro Rail project line 7 and 2A. The brief scope […] Read more
Goa’s New Solar Policy to be Notified in 15 Days Updated On Thu, Jan 17th, 2019 by Saurenergy The commission at the public hearing stated that the department should, in fact, encourage consumers to switch over to non-renewable energy resources. The Joint Electricity Regulatory Commission (JERC) has instructed the electricity department of Goa to help out consumers who are interested in setting up solar systems. The judgment was passed after consumers and solar […] Read more
Indian Railways Issues Tender for 2 MW Solar Projects Near Delhi Updated On Wed, Jan 16th, 2019 by Saurenergy The last date for submission of bids is January 28, 2019. Railway Energy Management Company Limited (REMCL), a joint venture of India Railways and RITES Ltd., incorporated to manage Energy Management portfolio of Indian Railways, on behalf of Northern Railway (NR) has invited proposals from contractors/firms for setting up of 2 MW Solar PV Power […] Read more
Adani Energy Acquires 100% Stake in Kodangal Solar Parks Updated On Tue, Jan 15th, 2019 by Saurenergy The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital […] Read more
Amendments to Guidelines for Tariff Based Bidding on Solar Projects Updated On Thu, Jan 10th, 2019 by Saurenergy MNRE has made amendments to the guidelines for the bidding process of solar photovoltaic projects. Issuing changes in the bid submission deadline, the period of financial closure and commissioning period The Ministry of New and Renewable Energy (MNRE) has issued a notification with amendments to the guidelines for the tariff-based competitive bidding process for […] Read more
