India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar Updated On Fri, Mar 3rd, 2023 by Saurenergy As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
NTPC Operationalises 50 MW Solar Project in Nokhra, Bikaner Updated On Thu, Feb 16th, 2023 by Saurenergy State-owned entity National Thermal Power Corporation (NTPC) has said in a BSE revelation that consequent upon successful commissioning, third part capacity of 50 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan, is declared on Commercial Operation from February 16, 2023. NTPC mentioned that the first part capacity of 100 MW has […] Read more
France Pushes Rooftop Solar With Mandate for Solar Parking Lots Updated On Thu, Feb 9th, 2023 by Saurenergy A parliamentary legislation for France that is as interesting as it is environment-friendly, seeks to mandate the installation of solar panels on car parks. This is mandatory for areas stretching over 1,500 square meters. Soon, it should be common to spot solar panels along the country’s large parking lots. Parking lots in fact, offer one […] Read more
SJVN Mulls Building 700 MW Solar Power Plant in Kanpur Updated On Thu, Feb 9th, 2023 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction Updated On Tue, Jan 31st, 2023 by Saurenergy Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India) (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
