15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
SJVN to Develop 10,000 MW Solar Projects in Rajasthan Updated On Wed, Feb 9th, 2022 by Saurenergy In a major development in the renewable sector, mini-ratna SJVN will soon sign a Memorandum of Understanding (MoU) with the Rajasthan Government to develop 10,000 MW solar power projects in the next 5 years in Rajasthan. A formal proposal was submitted by SJVN for the said project to the Rajasthan government. It was accepted and […] Read more
Aquila Capital in Deal for Solar Project Portfolio in Spain Updated On Mon, Feb 7th, 2022 by Saurenergy With an eye of a 500MW solar photovoltaic (PV) portfolio in Spain, Aquila Capital has signed an agreement with Viridi RE and Solar Ambition. Aquila is a German investment and asset development company and Solar Ambition is a subsidiary of Green Enesys Group. The deal has it that Viridi RE and Solar Ambition will work […] Read more
Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
SECI Announces Results of 1800 MW of Solar, Wind Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […] Read more
Maha Discom Invites Bids for 865MW Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 865 MW (AC) solar power from projects to be developed in Maharashtra through competitive bidding process (followed by e-reverse auction). The deadline for online bid submission is February 28, 2022, 4 pm. Other key details mentioned in the tender document are […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
BESCOM Floats Supply and O&M Tender for 50MW Solar Projects Updated On Thu, Jan 20th, 2022 by Saurenergy Bangalore Electricity Supply Company Limited (BESCOM) has invited bids for the empanelment of firms for the installation and maintenance of grid-connected rooftop solar plants of various capacities, totalling 50 MWp, in its jurisdiction for five years under CAPEX (Consumer Investment) model. The full scope of the project includes design, supply, erection, testing and commissioning, as well […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
