Reliance Infra Sells Mumbai Power Portfolio to Adani Transmissions for Rs 18,000 Cr Updated On Thu, Aug 30th, 2018 by Saurenergy Reliance Infra and Adani group had signed the pact for 100 per cent stake sale of R-Infra’s integrated business of generation, transmission and distribution of power for Mumbai in December 2017. Adani Group’s Adani Transmission has acquired Reliance Infrastructure’s integrated business of Generation, Transmission and Retail Electricity Distribution in Mumbai. Reliance Infra and Adani group had signed […] Read more
Bengaluru Commuters May Travel on Electric Buses in 5 Years Updated On Thu, Aug 30th, 2018 by Saurenergy The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […] Read more
Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender Updated On Thu, Aug 30th, 2018 by Saurenergy Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […] Read more
India Beholds Lowest-Ever Solar Tariff Rates in MP’s 35MW Solar Rooftop Tender Updated On Wed, Aug 29th, 2018 by Saurenergy MPUVNL tender for 35 MW grid-connected rooftop solar power project was rolled out under global Renewable Energy Service Company (RESCO) tenders with participation from 31 reputed developers. India witnessed a breakthrough in solar industry in the form of lowest-ever tariff rate of Rs. 1.58 per unit of power bid in Madhya Pradesh’s 35 MW solar […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
Iran Commissions its Largest Wind Farm Updated On Wed, Aug 29th, 2018 by Saurenergy The 18-turbine wind farm, located in Tarom County in northern Iran, has a nominal capacity of generating 61 megawatt hours of power annually, Xinhua reported. Iran inaugurates its largest wind farm as part of its efforts to increase production of electricity from renewable sources. The 18-turbine wind farm, located in Tarom County in northern Iran, has a […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more
JinkoSolar Inks 240MW Solar Module Supply Pact with POWERCHINA HUADONG Updated On Tue, Aug 28th, 2018 by Saurenergy Post completion, the POWERCHINA HUADONG’s solar plant will become the largest solar power project in Southeast Asia. JinkoSolar has inked a 240MW solar module supply agreement with POWERCHINA Huadong Engineering Corporation (POWERCHINA HUADONG) for the second phase of the 420 MW Dau Tieng solar plant in Vietnam. Post completion, the POWERCHINA HUADONG’s solar plant will become the […] Read more
Renew Power Commissions 126 MW of First Reverse Wind Auction in India Updated On Tue, Aug 28th, 2018 by Saurenergy ReNew Power’s this project is part of the country’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). India’s one of the leading renewable energy IPP, ReNew Power has successfully commissioned Phase 1 (126 MW) of its 250 MW […] Read more