SECI Extends Deadline for 14 MW Solar Project with Linked Storage in Ladakh Updated On Mon, Jun 29th, 2020 by Saurenergy State-owned SECI has extended the bid submission deadline for its tender to set up 14 MW solar photovoltaic (PV) plants with linked storage in Ladakh. Previously, the nodal agency had issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh battery energy storage systems (BESS) (7 MW […] Read more
SCCL’s 81 MW Solar Projects Saw Yet another Extension from SECI Updated On Mon, Jun 29th, 2020 by Saurenergy State-owned coal mining giant Singareni Collieries Co. Ltd’s (SCCL’s) solar projects having an aggregate capacity of 81 MW saw yet another extension for the deadline for submission of bids from Solar Energy Corporation of India (SECI). The said tender is a combination of three different solar project tenders including 34 MW (AC) ground-based solar photovoltaic […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
MNRE Issues Guidelines for Wind Power Procurement from 2.5 GW ISTS Projects Updated On Fri, Jun 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued guidelines for implementation of ‘scheme for a tariff-based competitive bidding process for procurement of renewable energy power from 2500 MW ISTS connected blended wind power projects’. The government has implemented the scheme for procurement of power at a tariff discovered via a transparent process of […] Read more
Sterlite Power Buys SPV from PFC to Execute Large ISTS Project Updated On Fri, Jun 26th, 2020 by Saurenergy Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […] Read more
REIL Tenders for Residential Rooftop Solar Systems Across Bihar Updated On Fri, Jun 26th, 2020 by Saurenergy REIL has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar systems across various locations in Bihar. Rajasthan Electronics & Instruments Limited (REIL) has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar PV power systems across various locations in Bihar. The scope […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
PFC, REC, IREDA to Lend at Lower Rates; Imported Solar Products May Face BCD from August Updated On Tue, Jun 23rd, 2020 by Saurenergy After putting an end on all the speculations, the government on Tuesday has hinted about its intentions for the imposition of basic customs duty (BCD) in near future instead of its earlier plan for next year. On the matter, Power Minister RK Singh informed industry stakeholders via video conferencing about his Ministry’s proposal to implement […] Read more
NTPC Tenders for Rooftop Solar Plants at Barauni TPP in Bihar Updated On Tue, Jun 23rd, 2020 by Saurenergy NTPC Ltd has issued a tender for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant (TPP) in the state of Bihar. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant […] Read more