ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh Updated On Fri, May 1st, 2020 by Saurenergy ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […] Read more
IL&FS Completes Sale of its Wind Power Service Amid Lockdown Updated On Fri, Apr 17th, 2020 by Saurenergy IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly-owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and […] Read more
EDPR Secures PPA for its 200 MW Solar Power Project Updated On Fri, Apr 17th, 2020 by Saurenergy EDPR has announced that it has secured a 15-year PPA with Ammper to sell the energy produced by the 200 MW Los Cuervos solar PV project. EDP Renováveis (EDPR) has announced that it has secured a Power Purchase Agreement (PPA) with Ammper, a leading supplier of energy services, to sell the energy produced by the […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
IndiGrid to Acquire Sterlite Power’s GPTL Transmission Project for Rs 1080 Cr Updated On Sat, Apr 11th, 2020 by Saurenergy The board of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power at a value of Rs 1080 crore The board of IndiGrid Trust has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from transmission firm Sterlite Power at a value of Rs 1080 crore and is planning to […] Read more
SECI Powers On with RFS For 2500 MW Project at Karnataka Updated On Sat, Apr 11th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) yesterday issued a Request for Selection (RfS) document for selection of solar power developers for setting up of 2500 MW ISTS-Connected Solar PV Power Projects at Ultra Mega Renewable Energy Power Park (UMREPP) in Koppal District, Karanataka under Tariff-based Competitive Bidding (ISTS-X). Approximately 13000 Acres of land on […] Read more
As Power Demand Slumps, RE Generators Brace For Impact Updated On Thu, Apr 2nd, 2020 by Saurenergy The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […] Read more
Northland Power to Acquire Offshore Wind Project in Canada Updated On Tue, Mar 31st, 2020 by Saurenergy NaiKun Wind Energy Group will sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada, to Northland Power NaiKun Wind Energy Group has announced that it has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
