Six Companies Win Bids for 550 MW Solar Capacity in UP Updated On Wed, Dec 19th, 2018 by Saurenergy Tata Power, Adani Group, and NTPC are some of the big winners in the auction which was conducted by UPNEDA. Uttar Pradesh government in its massive solar push has selected six energy major for nine projects in the state totalling a capacity of 550 MW. Ranging from a capacity of 25 MW to 100 MW […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
Government to Reverse Auction Wind-Solar Hybrid Project Updated On Mon, Nov 26th, 2018 by Saurenergy The tender had received a tepid response from the industry with just Adani Green Energy and SB Energy bidding for the project. The government has decided to go for a reverse auction for its first wind-solar hybrid tender for which two companies submitted their bid. Adani Green Energy and Softbank-backed SB Energy will compete for […] Read more
Mumbai’s Hakim Dayam Masjid Embrace Solar Energy Updated On Mon, Sep 10th, 2018 by Saurenergy The Hakim Dayam Masjid is the fourth mosque in the vicinity of Mumbai to have installed the solar power system. Mumbai’s Hakim Dayam Masjid has put up an endeavor to walk parallel with other religious organizations to use renewable energy. The mosque has got installed a solar rooftop power system of 25 KWp with a […] Read more
Mytrah Energy Commissions Rooftop Solar Project in Maharashtra Updated On Mon, Aug 27th, 2018 by Saurenergy The institute runs up an annual electricity bill of close to Rs. 15 lakh based on the current tariff followed by Mytrah Energy solar power plant. Leading solar power provider, Mytrah Energy has commissioned the operation of a 103.5 kWh rooftop solar power plant for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra. […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
