Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Top 10 Ground Mounted Solar Power States by Installed Capacity in India Updated On Thu, May 14th, 2020 by Saurenergy With the Modi Government’s aspirational goal of 5 trillion dollar economy by 2024-25 for India, power sector gets a centre stage as it is one of the most important pillars of the economic growth of the country. However, coronavirus likely to impact the goals. Despite such hindrances, power industry especially renewable energy has a higher […] Read more
Huawei Supplies Smart PV Solutions for Adani Green Energy’s 50 MW Solar Plant in R’sthan Updated On Thu, May 14th, 2020 by Saurenergy Huawei, one of the world’s leading solar inverter manufacturers, has supplied its innovative Smart PV 1500 V Solution, including 312 SUN2000-185KTL-INH0 smart inverters, for Adani Green Energy’s 50 MW solar photovoltaic (PV) plant in Rajasthan. This project was successfully connected to the power grid by Adani Green Energy Ltd (AGEL) on April 16 amidst lockdown […] Read more
REIL Issues NIT for Supply of Multi Crystalline Silicon Solar Cells in Jaipur Updated On Wed, May 13th, 2020 by Saurenergy Central CPSU Rajasthan Electronics & Instruments Limited (REIL) has issued a notice inviting tender (NIT) from interested bidders for rate contract for the supply of multi-crystalline solar cells in Jaipur. The scope of work for the selected bidders will include the supply of multi-crystalline solar cells of 4.50 Watt, 4.60 Watt and 4.67 Watt at […] Read more
‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’ Updated On Wed, May 13th, 2020 by Saurenergy India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […] Read more
PGCIL Issues Statcom Package-I & II Tenders for Evacuating 8.1 GW Solar Energy in R’sthan Updated On Mon, May 11th, 2020 by Saurenergy State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for Statcom Package-I & II for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document for package-I as “Statcom Package-I for Statcom at 400kV Fatehgarh-II PS associated with transmission system […] Read more
NALCO Tenders for Room Construction for Rooftop Solar Batteries in Damanjodi Updated On Mon, May 11th, 2020 by Saurenergy State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the construction of room for batteries of rooftop solar units at the premises of its D.M. plant in S.P.P, NALCO, Damanjodi in Odisha. The scope of work includes the construction of room for batteries of rooftop solar units; dismantling of PCC, RCC and tar […] Read more
Electric Scooter Firm Okinawa Resumes Operations With 1/4th Workforce Updated On Mon, May 11th, 2020 by Saurenergy Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi, and corporate office in Gurugram with 25% workforce. Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi (Rajasthan), and corporate office in Gurugram (Haryana), with 25 percent workforce. The company said it […] Read more
