TANGEDCO Receives Surprising 3700MW Technical Bids on 1.5GW Solar Power Tender Updated On Sat, Jun 17th, 2017 by Saurenergy The technical bids of 3700MW solar power seems like a good sign for TANGEDCO despite the Indian utility’s previous unpopularity among developers after it received weary response on 500MW solar power tender earlier in 2016. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in mid-May announced tender for 1500MW of solar power in Tamil Nadu […] Read more
Developers Expect Solar Power Tariff to Fall at Rs 1.5 Per Unit Updated On Mon, Jun 5th, 2017 by Saurenergy Solar power tariff came down to all-time low of Rs 2.44 per unit in the auction conducted for Bhadla solar park last month, and now the developers expect it to fall as low as Rs 1.5 per unit. Solar power developers are bullish on clean energy and hopeful about tariff coming down to as low […] Read more
SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
DONALD LEO, Jinko Solar | Managing Director of Asia South | Country Manager for India Updated On Tue, May 30th, 2017 by Saurenergy Q. How significant is the Indian market for JinkoSolar? Please give us an overview of the company’s India ope-rations and product offerings? 2017 is going to be a significant year for India’s Solar market with a strong pipeline of approximately 14 GW of utility scale projects underway. Out of this, 7.7 GW of capacity is expected […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more
Uttar Pradesh government to set up 750 MW solar power plant at Badhla, near Jodhpur: Report Updated On Mon, May 22nd, 2017 by Saurenergy The Uttar Pradesh government is targeting to generating solar power from the project from October 2018. Uttar Pradesh government is reportedly gearing up to set up 750 megawatt solar plant at Badhla, near Jodhpur. According to ET UP government will draw the power in the state from the transmission network of Power Grid Corporation of […] Read more
