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
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
SECI again Extended Bid Submission Date for 4MW Floating Solar plus BESS Tender Updated On Fri, Jun 19th, 2020 by Saurenergy In a series of extensions, the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman has also sought extension once again. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers for […] Read more
Tender Issued for 100 kWp Rooftop Solar Plant in Haryana Updated On Wed, Jun 17th, 2020 by Saurenergy APCPL has issued a tender for setting up of 100 kWp rooftop solar plant at the Bal Bharati Public School at APCPL Jhajjar in the IGSTPP township in Haryana. The Aravali Power Company (APCPL) has issued a tender, inviting bids from eligible bidders for setting up of 100 kWp rooftop solar plant at the Bal […] Read more