Madhya Pradesh at GIS attracted Investment of Rs.20000 Cr for new and renewable energy sector Updated On Mon, Oct 24th, 2016 by Saurenergy On the concluding day of Global Investors’ Summit 2016 five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector in presence of CM Shivraj Singh Chouhan and Union Minister for Petroleum and Natural Gas (Independent charge) Dharmendra Pradhan and Energy Minister Paras Jain in Indore. After the MoU ceremony […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
Tata Power designates three independent directors Updated On Wed, Oct 19th, 2016 by Saurenergy Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […] Read more
ABB’s new plug-and-play micro-grid comprises PowerStore Battery and its micro-grid Plus control system Updated On Mon, Oct 10th, 2016 by Saurenergy ABB has launched a modular and scalable “plug and play” microgrid solution to address the globally growing demand for flexible technology in the developing market for distributed power generation. The cost-efficient, containerized solution is relevant for mature and emerging countries and will help maximize the use of renewable energy sources while reducing dependence on fossil […] Read more
Renewable energy is a key to Energy Security in the future: Piyush Goyal Updated On Fri, Oct 7th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Power sector is focusing on distributed energy production: Piyush Goyal Updated On Tue, Oct 4th, 2016 by Saurenergy Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […] Read more
State Power Ministers to participate in two day conference scheduled on 7th & 8 October in Gujarat Updated On Tue, Oct 4th, 2016 by Saurenergy A Two-day conference of Ministers for Power, New & Renewable Energy & Mines of States & Union Territories will be held on 7th & 8th of this month in Vadodara, Gujarat. The Conference will be inaugurated by Power, Coal, New & Renewable Energy and Mines Minister Piyush Goyal. Main objective of this conference is to […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
