APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […] Read more
Denmark’s Copenagen Infrastructure Partners to Develop Wind Projects in India Updated On Mon, Mar 6th, 2023 by Saurenergy Denmark-based investment firm Copenhagen Infrastructure Partners (CIP) has joined hands with Indian firm that develops wind projects, Viviid Renewables for the establishment of over 1.8 GW of renewable energy capacity in India. CIP entered into the agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). The Indian firm and the Danish firm […] Read more
Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
Tender by first half of 2023-24 Under Green Hydrogen Mission Updated On Mon, Mar 6th, 2023 by Saurenergy The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […] Read more
Sterlite Power Successfully Commissions its Largest Green Energy Corridor Project in Gujarat Updated On Mon, Mar 6th, 2023 by Saurenergy Sterlite Power, a leading power transmission company in India and Brazil, announced the successful commissioning of its green energy corridor project – Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid – a step towards accelerating […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
IIT-Madras & Denmark Firm Sign Pact for Renewable Energy Updated On Fri, Mar 3rd, 2023 by Saurenergy The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy Updated On Thu, Mar 2nd, 2023 by Saurenergy Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […] Read more
