SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
Punjab To Review Power Agreement For Purchase Of Solar Power Updated On Tue, Jan 23rd, 2024 by Saurenergy Punjab CM Bhagwant Mann has announced to review the purchase power agreement for the purchase of solar power in the state. Mann said that the state government is now purchasing solar power at Rs 2.54 instead of purchasing it at Rs 15 as was done during the tenure of earlier governments in Punjab. In a […] Read more
JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects Updated On Tue, Jan 23rd, 2024 by Saurenergy Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […] Read more
MNRE Notifies Constitution Of Wind Repowering Committee Updated On Fri, Jan 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification pertaining to the constitution of a Wind Repowering Committee. The committee will be chaired by Joint Secretary (Wind), MNRE along with Director (Technical), IREDA Director (Projects), SECI as its members, the notification said. The MNRE committee on Wind Repowering will also have the […] Read more
MNRE Notifies New Scheme To Boost Green Ammonia Production In India Updated On Wed, Jan 17th, 2024 by Saurenergy The MNRE Ministry has announced that President Droupadi Murmu has sanctioned a new scheme for procurement of Green Ammonia under “Mode-2A” of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme that comes under National Green Hydrogen Mission (NGHM). As per the new notification of MNRE, the aim of the scheme is to maximize the […] Read more
CERC Awards Compensation To Avaada For Increased GST Rates Updated On Wed, Jan 17th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to Avaada Sustainable RJProject Pvt Ltd. (ASRPL) due to increased GST rates on solar equipment. The order was passed after the subsidiary of Avaada moved the Central Commission, citing an increase in its project cost due to an increase in the GST rates […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen Updated On Mon, Jan 15th, 2024 by Saurenergy SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […] Read more
Director (Power System) Updated On Fri, Jan 12th, 2024 by Saurenergy I. COMPANY PROFILE:- Solar Energy Corporation of India (hereinafter referred to as SECI) is a schedule ‘A’ CPSE under the Administrative jurisdiction of Ministry of New & Renewable Energy. SECI is the only CPSE exclusively dedicated to the development of the Renewable Energy sector in India and its scope of activities covers all renewable energy […] Read more
