Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
Will ADITYA Succeed Where UDAY failed? Updated On Thu, Jan 16th, 2020 by Saurenergy Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Only 266 MW Bids Received for SECI’s 1200 MW Wind Tender As Industry Shies Away Updated On Mon, Nov 25th, 2019 by Saurenergy SECI’s 1200 MW wind tender after receiving only two bids to develop 266 MW capacity has been extended once again. The consequences of poorly thought-through decisions over the past year and more are finally affecting the ‘pipeline’ that Power Minister RK Singh repeatedly refers to when he asserts that all is well with India’s renewable […] Read more
Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction Updated On Fri, Nov 1st, 2019 by Saurenergy In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […] Read more
SECI’s ISTS-VI Tender for 1200 MW Solar Projects Fully Subscribed Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has received four bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The Solar Energy Corporation of India (SECI) has received bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The tender, which was initially issued with Madhya Pradesh being the only delivery point […] Read more
At REI 2019, Hope Makes A Comeback, Against the Odds Updated On Thu, Sep 19th, 2019 by Saurenergy The Renewable Energy India (REI) Expo 2019 began at the India Expo Centre of Greater Noida yesterday. The event will run till September 20, offering the largest assembly of players in the renewable energy and now, the e-mobility sector in India. The Expo, in its 13th year, justifiably claims to be the biggest such show […] Read more
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
