MP CM Shivraj Singh Launches Exicom’s Solar-Powered AC Charger on World Environment Day Updated On Wed, Jun 6th, 2018 by Saurenergy With this, the operations of e-vehicles and charging stations have begun in the state. To mark the occasion of World Environment Day, the Chief Minister of Madhya Pradesh Shivraj Singh Chouhan has inaugurated an electric car and Exicom’s AC Charger run by solar energy in Madhya Pradesh. With this, the operations of e-vehicles and charging […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka Updated On Wed, May 16th, 2018 by Saurenergy This project is expected to generate approximately 54,000 MWh of clean solar power every year. Publicly traded solar PV modules maker Canadian Solar said its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India has reached commercial operation in March 2018. Further, the company’s 35 MWp solar project is located in Bagalkot district […] Read more
HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr Updated On Mon, May 14th, 2018 by Saurenergy Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […] Read more
Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra Updated On Thu, May 3rd, 2018 by Saurenergy “The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
