Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India) Updated On Wed, Nov 20th, 2019 by Saurenergy Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
In Conversation with V.V. Kamath, Managing Director, Fronius India Pvt Ltd Updated On Sat, Nov 9th, 2019 by Saurenergy Fronius India Pvt Ltd is an arm of Fronius International GmbH. It’s state-of-the-art facility consists of around 33,000 sq feet, coupled with world class application development and training centre for welding, solar energy and perfect charging. Since it’s inception in India in 2013, the company has swiftly become the most preferred welding equipment supplier […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
Pre-Bid Meetings and Deadlines for 4 Tenders Rescheduled Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has announced the rescheduling of pre-bid meetings for 3 of its latest tenders and the extension in the bid submission deadline for another The Solar Energy Corporation of India has announced the rescheduling of pre-bid meetings for three of its latest tenders, and the extension in the bid submission deadline for another tender. The […] Read more
India’s Commitment to Tackle Climate Change Unmatched: Sitharaman Updated On Fri, Oct 18th, 2019 by Saurenergy India’s commitment to fighting climate change is one of the best amongst the community of nations, Nirmala Sitharaman has said. India’s commitment to fighting the global challenge of climate change is bold and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said. Interacting with global investors at the headquarters of the […] Read more
SECI Extends Bid Deadline for 6 GW Manufacturing Linked Tender Updated On Thu, Oct 10th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up 6 GW solar projects linked with 2 GW solar manufacturing plant anywhere in India The Solar Energy Corporation of India (SECI) has announced the extension in the bid submission deadline for its tender for selection of solar power developers for setting up […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
