Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Chief Operating Officer Updated On Thu, Jul 1st, 2021 by Saurenergy Develop long term business plan for WTG Manufacturing business. Responsible for P&L of the business Should involve in Technology adoption and technology transfer Deliver Business objectives in revenue, profitability, and growth as an organization. Oversee Budgets as per industry benchmarks Make strategic decisions during plant set up with value engineering for speedy and efficient completion […] Read more
MHS O&M Shift Incharge, Engineering Services Updated On Thu, Jul 1st, 2021 by Saurenergy Roles & Responsibilities:- To ensure availability of all resources / equipment’s by following necessary maintenance activities so as to ensure high productivity of Dry Cargo Operation. Operational Responsibilities:- To Provide reliable & quality maintenance service for equipment involved in DC port operation, ensure readiness at all the time following major equipment’s and system: Mobile harbor […] Read more
Dy Manager Updated On Thu, Jul 1st, 2021 by Saurenergy We are looking for young & energetic professionals to be a part of our Operations team. Purpose of the position:- Operation of Unit which includes, Boiler, Turbine, Generator, BOP, Switchyard & electrical Systems etc. Essential Area of Expertise:- Boiler operation. Turbine operation, Coal mill operation. Switch gear normalization. Interlock & protection of all equipment’s of […] Read more
MNRE’s Recent Notification Clarifies Applicability of ALMM Order Updated On Thu, Jul 1st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has received representations seeking clarifications about certain aspects of ALMM (Approved List of Models and Manufacturers) Order, 2019. In response to this, the Grid Solar Power Division of the ministry has issued a notification, inviting attention to key provisions/instructions relating to the ALMM Order. Check the Official […] Read more
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more
