ACME Wins Bids for 200 MW at SECI & NTPC Tenders in Andhra Pradesh and Telangana Updated On Sat, May 7th, 2016 by Saurenergy ACME has announced that it has bagged tenders for developing 200 MW solar power projects during separate tenders conducted by SECI and NTPC in Andhra Pradesh and Telangana, respectively. ACME won the largest share of 150 MW out of 400 MW in Andhra Pradesh at fixed tariff of Rs. 4.43 per unit in addition to […] Read more
Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy Updated On Mon, Apr 18th, 2016 by Saurenergy Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
Mahagenco to step up solar power generation on top of water bodies Updated On Mon, Mar 21st, 2016 by Saurenergy Maharashtra State Power Generation Company Limited (Mahagenco) has revealed plans to step up solar power generation atop water bodies with water resources department and local self-governing bodies reports TOI. The company officials are working closely with government agencies owning the water bodies on revenue-sharing model. Mahagenco replicating the Gujarat model will cover canals and water […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more
Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
ACME Fixed 140MW Solar Power Project in Haryana Updated On Wed, Feb 3rd, 2016 by Saurenergy ACME, one of the solar power generators has secured 140MW out of 150MW Solar Project in Haryana at the tariff of Rs 5 per unit. Under the renewable purchase obligations (RPO) scheme, the company likewise to sell the generated power to Haryana Bijli Vitran Nigam Ltd. from the following year. ‘The company is yet to […] Read more
