In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more
1 GW Tender from NTPC Under Phase-II of CPSU Program Out Updated On Tue, Jun 11th, 2019 by Saurenergy National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request for 1 GW a week ago. The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap Updated On Mon, Jun 10th, 2019 by Saurenergy India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […] Read more
Power Minister R K Singh Confident To Achieve RE Capacity of 175 GW Updated On Mon, Jun 10th, 2019 by Saurenergy Energy Minister Raj Kumar Singh said 80GW of renewable energy has been established while another 24GW is under installation Power and New and Renewable Energy Minister Raj Kumar Singh exudes confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of the ministries in the […] Read more
Political Risk Spikes In Andhra As Jagan Government Questions PPA’s Updated On Mon, Jun 10th, 2019 by Saurenergy The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […] Read more
NTPC Offer Draws Out ISA Invite For Other Organisations to Enlist Updated On Mon, Jun 10th, 2019 by Saurenergy The New Delhi Headquartered International Solar Alliance (ISA), which finally started on its massive 1000 W mandate recently with the 270,000 plus solar water pump tender (through EESL), continues to lay the groundwork for its next phase of work. After the National Thermal Power Corporation (NTPC) submitted a proposal to approve it as a consultant […] Read more
