Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Yamuna Expressway Authority plans to set up Solar Plant on 100 Hectares of Unused Land Updated On Wed, Jan 4th, 2017 by Saurenergy The Yamuna Expressway Industrial development Authority (YEIDA) has sought permission from the Uttar Pradesh government to set up solar plants across 100 hectares of unused land. Yamuna Expressway Industrial development Authority will be installing solar plants across 100 hectares of unused land. While the board of YEIDA gave its approval for the project, it will […] Read more
Azure Power Commissions 150 MW solar power project in Punjab Updated On Wed, Jan 4th, 2017 by Saurenergy The 150MW solar power plant represents a portfolio of three projects of 50MW each Azure Power has commissioned one of the largest (150 MW) solar power project in north India, in the state of Punjab. For this project, Azure Power had signed a solar power implementation agreement with Punjab Energy Development Agency (PEDA) under its […] Read more
Allahabad reserve police line to harness solar power to reduce its dependency on conventional electricity Updated On Mon, Jan 2nd, 2017 by Saurenergy Allahabad Police Lines to install 130KW solar panels Reserve police lines in Allahabad are reportedly planning to tap solar power. Once the solar pannels of of 130 KW installed at different buildings of reserve police lines including at the barracks (80 KW), modern police control room (40 KW) and the quarters (10 KW), police administration […] Read more
Nagpur Metro Rail’s solar power dream hits policy hurdle Updated On Wed, Dec 28th, 2016 by Saurenergy Nagpur Metro Rail Corporation Limited’s (NMRCL) plan to meet 65 percent of its energy needs through solar power has hit a policy hurdle. The fate of the project now depends on Maharashtra Electricity Regulatory Commission (MERC). NMRCL’s petition will be heard by the Commission on 17th January 2017. Solarization is vital for the success of […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
Suzlon Partners with AMP Solar for 15 MW Solar Project in Telangana Updated On Fri, Dec 23rd, 2016 by Saurenergy Suzlon Group has partnered with the AMP Solar for the development and construction of a 15 MW Solar PV Project located at Achampet, Mahaboobnagar District, Telangana. Under agreement signed between Suzlon Group and the AMP Solar on December 21, 2016, the AMP Solar shall acquire a 49% stake in Rudra Solarfarms Limited, a special purpose […] Read more
Piyush Goyal to release 3 reports today at ‘Empowering the Grid to meet Future Challenges’ Updated On Wed, Dec 21st, 2016 by Saurenergy Power Grid Corporation of India Ltd. (PGCIL) is organizing an event ‘Empowering the Grid to meet Future Challenges’ in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include ‘Renewable Energy Integration: Transmission, an Enabler’ and ‘Green Energy Corridors – II’ and ‘Electricity Demand Pattern Analysis’. […] Read more
