REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come Updated On Wed, Apr 22nd, 2020 by Saurenergy The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […] Read more
Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […] Read more
Azelio Signs MoU in Chile for Energy Storage Supply to Mining Industry Updated On Tue, Apr 21st, 2020 by Saurenergy Azelio has signed an MoU with the Chilean company Industria Mecánica VOGT to assess energy storage projects for the mining industry in Latin America. Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecánica VOGT (VOGT) to assess energy storage projects for the mining industry in Latin America. The MoU frameworks […] Read more
Impact of COVID-19 on Chinese Wind Industry: GWEC Updated On Thu, Apr 16th, 2020 by Saurenergy GWEC recently hosted a webcast to discuss the impact that the COVID-19 crisis had on the Chinese wind market and how the industry is recovering. The Global Wind Energy Council (GWEC) recently hosted a webcast with key stakeholders from the Chinese wind industry to discuss the impact that the COVID-19 crisis had on the Chinese wind market […] Read more
Uzbekistan Issues First Wind PPP Tender for 100 MW Capacity Updated On Thu, Apr 16th, 2020 by Saurenergy The Government of Uzbekistan has launched the tender process for the first wind project, to be developed with the support of the EBRD The Government of the Republic of Uzbekistan (GOU) is implementing a large-scale renewable energy strategy to deploy up to 3 GW of cost-effective and environment-friendly wind generation in the next 10 years […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
NTPC to Raise Rs 4374.10 Crore via Bonds Updated On Tue, Apr 14th, 2020 by Saurenergy NTPC has said it will raise Rs 4,374.10 crore on April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. State-run power giant NTPC has said it will raise Rs 4,374.10 crore on Thursday i,e. April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. As per […] Read more
New Era of Generic Renewable Energy Tariffs in Maharashtra Starts Updated On Thu, Apr 9th, 2020 by Saurenergy Generic Renewable Energy Tariffs, which, until now declared by the respective state regulatory commissions have just entered into a new era of market determined mechanism, starting with Maharashtra. In its Generic Renewable Energy Tariff order for FY 2020-21 under MERC (Renewable Energy Tariff) Regulations, 2019 act, MERC (Maharashtra Electricity Regulatory Commission) has declared that projects […] Read more
MNRE Extends ALMM Deadline to 6 Months amid Disruptions from COVID-19 Updated On Wed, Apr 8th, 2020 by Saurenergy In a series of providing relief to the renewable energy firms which are facing a new range of challenges presented by coronavirus pandemic, the Ministry of New and Renewable Energy (MNRE) has extended the deadlines for the approved list of models and manufacturers (ALMM) i.e. both List-I for solar photovoltaic (PV) modules and List-II for […] Read more
