RUVNL Floats Tender for 1.5 GW Wind-Solar Hybrid Projects with Storage Updated On Wed, Feb 1st, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL), has invited bids for the establishment of 1.5 GW(AC) ISTS-connected Wind-Solar Hybrid Power Projects with Storage, to be set up anywhere in India. The projects are to have flexibility in scheduling power as required by DISCOMS. The project must have a mandatory energy storage system (ESS) of a minimum of […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
NTPC BoS Tender For 1000 MW Solar Projects Updated On Mon, Jan 30th, 2023 by Saurenergy National Thermal Power Corporation (NTPC) Renewable Energy has issued a mega tender for Balance of System (BoS) package for the development of solar energy projects of 1-GW in India. The tender envisages land for ISTS (interstate transmission system) – connected solar projects upto 1,000 MW anywhere in India except Rajasthan. The NTPC tender document also […] Read more
NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM Updated On Wed, Jan 25th, 2023 by Saurenergy The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more