ReNew Power Raises $300 Million Through Rights Issue Updated On Mon, Jul 1st, 2019 by Saurenergy Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […] Read more
EV Transition Needs Extensive Planning to Succeed: N Chandrasekaran, Tata Sons Updated On Thu, Jun 27th, 2019 by Saurenergy N Chandrasekaran recently said that the transition to EV needs to be properly planned so as to ensure that the entire ecosystem is ready Tata Sons Chairman, N Chandrasekaran recently said that the migration or perhaps the transition to electric vehicles (EV) in the country needs to be properly planned so as to ensure that […] Read more
Gujarat Issues Tender For Procurement of 750 MW Solar Power Updated On Wed, Jun 26th, 2019 by Saurenergy GUVNL has issued an RfS for procuring 750 MW of solar power from solar PV projects located in the 1000 MW capacity Dholera. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS) for procuring 750 MW of solar PV power through a competitive bidding process (followed by reverse e-auction (e-RA)) […] Read more
Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt Updated On Mon, Jun 24th, 2019 by Saurenergy Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […] Read more
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more
Duke Energy’s 150 MW Solar Plant in California Begins Operation Updated On Thu, Jun 20th, 2019 by Saurenergy Duke Energy Renewables has announced that its 150 MW North Rosamond solar project in Kern County, California, has begun commercial operation. Duke Energy Renewables (DER), a subsidiary of Duke Energy, has announced that its 150-megawatt (MW) North Rosamond solar project in Kern County, California, has begun commercial operation. It is the largest solar project in the company’s fleet. “North Rosamond is a […] Read more
Tariffs Drop to Rs 2.5/kWh in SECI’s 750 MW (Tranche-II) Solar Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Four firms have emerged as the lowest bidders in the latest auction by SECI for the Rajasthan 750 MW solar Tender under Tranche-II. State-owned power giant NTPC, Mahindra Susten, Hero Solar Energy and Azure Power Maple have emerged as the lowest bidders in the latest auction by the Solar Energy Corporation of India (SECI) for the Rajasthan 750 MW solar […] Read more
BRPL Signs PSA For 500 MW Solar and 50 MW Wind Power with SECI Updated On Tue, Jun 18th, 2019 by Saurenergy BRPL has signed a PSA with the Solar Energy Corporation of India (SECI) for procuring 500 MW Solar Power and 50 MW wind power. Delhi-based distribution company BSES Rajdhani Power Ltd. (BRPL), a joint venture between the Government of NCT and Reliance Infrastructure, which distributes power to over 2.4 million customers in 21 districts in South […] Read more
KSEB Signs PSA with SECI for Sourcing 200 MW Wind Power Updated On Mon, Jun 17th, 2019 by Saurenergy KSEB has signed a PSA with SECI for procuring 200 MW of wind power. The Kerala State Electricity Board (KSEB) has signed a Power Supply Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 200 MW of wind power. The announcement was made by the nodal agency for implementing renewable energy projects […] Read more
