REC Limited Funding Push Continues With Deals For Serentica, GreenKo Updated On Mon, Sep 18th, 2023 by Saurenergy REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late. REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
RECPDCL Issues Tender to Evacuate 20 GW Renewable Energy in Rajasthan Updated On Fri, Sep 15th, 2023 by Saurenergy RECPDCL (REC Power Development Consultancy Limited), a wholly-owned subsidiary of REC, has issued a tender for the selection of a transmission service provider via tariff-based competitive bidding process to set up an ISTS (Interstate Transmission State) for evacuating 20 GW power from Rajasthan’s Renewable Energy Zones (REZ) under phase-III, part I. The last day to […] Read more
SECI’s Hybrid Projects Set To Offer Green Power At Rs 2.53/Unit Updated On Thu, Sep 14th, 2023 by Saurenergy India is all set to get renewable power from upcoming 1,170 MW solar-hybrid projects at Rs 2.53 per unit. These Inter-State Transmission System (ISTS) projects are situated in states like Rajasthan, Karnataka and Gujarat. These projects are set to be commissioned by next year. These projects were part of the Solar Energy Corporation of India […] Read more
Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Avaada Group Inks Pact for Renewable Energy With Saudi Arabia Updated On Tue, Sep 12th, 2023 by Saurenergy Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […] Read more
Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project Updated On Thu, Sep 7th, 2023 by Saurenergy A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […] Read more
TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction Updated On Thu, Sep 7th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […] Read more
Jakson Green Order Book Swells to INR 5000 Cr in a Year Updated On Thu, Sep 7th, 2023 by Saurenergy Jakson Green, an energy transition platform backed by infrastructure and renewables conglomerate, Jakson Group, has announced its achievement of amassing a renewable EPC order book of around INR 5000 Crores within a year of inception. This was recognized through a series of recent order victories in India, GCC, West Africa, and CIS region. The company’s […] Read more
