SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
Hindustan Salt’s 4000 MW Solar Park Plans Under High Court Scrutiny Updated On Wed, Dec 22nd, 2021 by Saurenergy Last month, we had reported on the ambitious move by ailing PSU Hindustan Salts Limited to use its land bank for a massive 4000 MW solar park. That plan, always an ambitious stretch considering the many issues with the firm as well as its non-existent expertise in the solar space, has just been questioned, and […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects Updated On Mon, Dec 20th, 2021 by Saurenergy Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […] Read more
NHPC Planning Clean Energy Projects of 27 GW in 9 States, Nepal: CMD Updated On Mon, Dec 20th, 2021 by Saurenergy State-owned NHPC has plans to set up new hydro and solar projects of more than 27,000 MW capacity in nine states and neighbouring country Nepal, the company’s CMD Abhay Kumar Singh has said. The new capacities would come up in Uttar Pradesh, Bihar, Odisha, Rajasthan, Tamil Nadu, Kerala, Maharashtra, Andhra Pradesh and Odisha, Singh told […] Read more
Honda 2Wheelers Unveils 2nd Wind Turbine System in Gujarat Updated On Fri, Dec 17th, 2021 by Saurenergy Honda Motorcycle & Scooter India (HMSI) on Thursday said its second wind turbine system at Bhanvad in Gujarat has gone on stream, which will help the company meet over 50 per cent of the energy requirements from hybrid renewable resources across all its four manufacturing plants. The wind turbine system at Bhanvad is around 350 […] Read more
NexGen Energia Seeks Gold In CBG With 1000 CBG Plants Ambition Updated On Fri, Dec 17th, 2021 by Saurenergy A clean fuel energy company, NexGen Energia is focused on exploring opportunities to establish green diesel refineries and Compressed Biogas (CBG) production units which it insists is set to be the ‘future fuel of India’. The company has pioneered in the art of making CNG (CBG) from locally sourced waste and agricultural waste in India, […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more