Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity Updated On Mon, Aug 19th, 2019 by Saurenergy GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
Tata Power’s Renewable Arm to Sell 32MW Wind Assets in Maharashtra Updated On Wed, Apr 24th, 2019 by Saurenergy However, the company did not disclose the buyer of these assets. With an aim to optimize operating costs, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, has entered into a pact to sell its 32 MW operating wind assets in Maharashtra. India’s one of the leading integrated power company […] Read more
Interview with Mohua Mukherjee, Program Ambassador Pro-Bono, International Solar Alliance Updated On Wed, Mar 27th, 2019 by Saurenergy Next Generation Women will have Opportunities to Involve in Different Parts of Solar Value Chain Women of the next generation will have opportunities to be involved in many different parts of the solar value chain, including designing these new, energy-efficient solar gadgets or appliances, as well. We just need to start their familiarity with solar […] Read more
Solar Tender For 60 MW Rooftop Projects Issued by REMCL Updated On Thu, Mar 7th, 2019 by Saurenergy The last date of bid submission is April 30, 2019. The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has invited bids to set up total capacity of 60.17 MW of rooftop solar PV power projects on the rooftops of offices, buildings, and railway establishments across the zonal […] Read more
“Leveraging the Co-Benefits of RE” Report Launched at WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy TERI previously coordinated three co-benefits Council meetings to delineate areas of national importance that can be captured using the co-benefits approach. TERI and the Institute for Advanced Sustainability Studies (IASS), under the aegis of International Climate Initiative (IKI) and the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), launched their report […] Read more
Work Begins on Solar Plant at Kozhikode Railway Station Updated On Wed, Feb 6th, 2019 by Saurenergy From the Southern Railways, REMCL aims to generate upwards of 4 MWp electricity from its rooftop structures. In line with the Indian Railways objective to become self-reliant for meeting its energy needs from clean energy sources, work on the 100 kW solar plant at the Kozhikode Railway station has commenced. The project is conceived by […] Read more