India’s Energy Needs to Triple by 2040: World Bank Updated On Mon, Dec 24th, 2018 by Saurenergy In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […] Read more
Tamil Nadu Best in Providing Clean and Affordable Energy: NITI Aayog Updated On Sat, Dec 22nd, 2018 by Saurenergy Renewable sources constitute 100 percent of total installed generating capacity of electricity in three States and four UTs. Sustainable Development Goal (SDG) India Index which was released by NITI Aayog recently has ranked Tamil Nadu, Karnataka, Andhra Pradesh, Bihar, Maharashtra and Gujarat as the top states for providing affordable and clean energy to their population. […] Read more
Interview with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Updated On Sat, Dec 22nd, 2018 by Saurenergy Novasys Greenergy, a part of Sangita Coal Group, and now a well-diversified entity operating in renewable, non-renewable, telecom, food & real estate sectors. In an exclusive interview with Saur Energy International during the 10th edition of Intersolar India 2018 at Bangalore, Sushil Bansal, Founder & Managing Director, Novasys Greenergy shared his views on various topics […] Read more
Foreign Players Win Big in Gujarat Solar Park Auction Updated On Sat, Dec 22nd, 2018 by Saurenergy The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by […] Read more
SDMC and SECI Sign MoU for 27.5 MW Solar Plants Updated On Sat, Dec 22nd, 2018 by Saurenergy The agreement has been signed keeping in mind the government of India’s commitment towards green energy and SDMC’s solar initiative. South Delhi municipal Corporation and the Solar Energy Corporation of India have inked a pact to develop two solar plants with a total capacity of generating 27.5 MW of electricity. SDMC officials said that work […] Read more
Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects Updated On Fri, Dec 21st, 2018 by Saurenergy Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […] Read more
Government Approves Second Phase of Atal Jyoti Yojana Updated On Fri, Dec 21st, 2018 by Saurenergy Phase-II of Atal Jyoti Yojana will cover installation of 3,04,500 solar street lights (SSL) of 12 W capacity as per the MNRE specification. The president has today given its assent to launch the Phase-II of the ‘Atal Jyoti Yojana’ (AJAY) to be implemented in the year 2018-2019 and 2019-2020. Sanction has also been accorded for […] Read more
