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
NTPC to Enlist Vendors for Bulk Procurement of Solar Modules Updated On Fri, Jun 26th, 2020 by Saurenergy NTPC Ltd has invited suppliers and manufacturers globally to get themselves enlisted for all the future procurements of solar PV modules on a bulk basis. NTPC Ltd has informed that it intends to procure solar modules directly from the global market in the near future and has thus invited prospective suppliers and manufacturers globally to […] 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
US Solar Systems Prices Falling Faster Than Expected: WoodMac Updated On Thu, Jun 25th, 2020 by Saurenergy Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […] Read more
Silicon Ranch Begins Work on 20 MW PV Project to Power FB Data Centre Updated On Wed, Jun 24th, 2020 by Saurenergy Silicon Ranch and PCL have begun construction on the 20 MW Odom Solar Farm, located near the city of Moultrie in Colquitt County, in Southwest Georgia. Silicon Ranch Corporation, one of the largest independent solar power producers in the US, and PCL Construction Services, one of the largest contractors in North America, have announced that […] Read more
Rajasthan Tenders for Solar Plants at 30 Mandi Yards, 14 Sub Yards Updated On Wed, Jun 24th, 2020 by Saurenergy RSAM has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the state of Rajasthan. The Rajasthan State Agricultural Marketing Board (RSAM) has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the […] 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
SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July Updated On Tue, Jun 23rd, 2020 by Saurenergy In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […] Read more
