Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth Updated On Wed, Jun 8th, 2022 by Saurenergy The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […] Read more
Rays Power Experts Opens Up 3000 MWp Solar Park For Developers In Rajasthan Updated On Tue, May 17th, 2022 by Saurenergy The world’s largest solar park of 3000 MWp capacity is ready to welcome developers to establish their projects in Rajasthan. Rays Experts, the park operator, stated in a statement published on Tuesday that the 9000-acre solar park will be built in Bikaner, Rajasthan. It has signed the necessary transmission agreements and obtained all approvals for […] Read more
Tata Power bags EPC Contract For 1000 MW Solar Project From SJVN Updated On Thu, May 5th, 2022 by Saurenergy State owned renewable energy developer SJVN has awarded the development of a 1000 MW solar power project in Bikaner district of Rajasthan to Tata Power. SJVN has issued a Letter of Award (LoA) for engineering, procurement and construction (EPC) contract to Tata Power Solar Systems Limited. The upcoming 1000 MW solar power project will be […] Read more
Azure Power to Develop 1700 MW renewable energy projects in Karnataka Updated On Fri, Apr 29th, 2022 by Saurenergy Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […] Read more
THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects Updated On Mon, Apr 18th, 2022 by Saurenergy THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
Bengaluru’s Ayana Renewable Crosses 1 GWac Operational Capacity Updated On Tue, Jan 25th, 2022 by Saurenergy Ayana Renewable Power, a renewable energy platform that is majority-controlled by National Investment and Infrastructure Fund (NIIF), has announced that its portfolio has crossed 1 GWac of operational renewable energy (RE) capacity. With an operating portfolio of 1.19 GWac, Ayana is one of the largest RE developers in India, a press release from the company […] Read more
Consultancy Tender for 2 GW Solar Park In Rajasthan from RRVUNL Updated On Thu, Jan 6th, 2022 by Saurenergy In a tender issued via a letter dated Dec 29, 2021, the Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RRVUNL) has released a tender seeking consultants to provide consultancy services for the development of a 2000 MW solar park in Rajasthan’s Bikaner district. The tender also covers the installation of an 810 MW solar project at […] Read more
