SECI Awards 480 MW Capacity for Undersubscribed 1200 MW Solar Tender Updated On Thu, Aug 29th, 2019 by Saurenergy SECI has awarded a total of 480 MW capacity to the only two bidders for its latest solar tender seeking project developers for 1200 MW of solar projects The Solar Energy Corporation of India’s (SECI) had received only two bids against its latest 1200 MW solar projects tender (ISTS – V) and has now awarded […] Read more
CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed Updated On Mon, Aug 12th, 2019 by Saurenergy SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […] Read more
UP Govt Clears State’s First Floating Solar Project on Rihand Dam Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh cabinet has cleared what will be the state’s first floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first floating solar power plant in the state and […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget Updated On Fri, Jul 5th, 2019 by Saurenergy As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […] Read more
Radite Energy Secures EPC Order from Atha Group Updated On Tue, Jun 25th, 2019 by Saurenergy The company has received this EPC project as part of an extension of 10 MW existing plant of the Kolkata based developer, as confirmed by Radite Energy spokesperson. Gurgaon based Radite Energy has bagged an Engineering, Procurement and Construction (EPC) contract of 1.75 MW capacity from Atha Group. The company has received this EPC project […] Read more
