Azure Power Announces Early Commissioning of 95 MW Project in Gujarat Updated On Mon, Nov 5th, 2018 by Saurenergy Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced the early commissioning of a 95 MW solar power plant in Gujarat which was completed in record time for a ground mount project built by the company and has been commissioned approximately 5 months ahead of the scheduled PPA operation date. This […] Read more
Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
Viz-A-Viz with Manoj Kumar Upadhyay, Founder and Chairman | ACME Group Updated On Mon, May 28th, 2018 by Saurenergy Q. As Madras High Court has dismissed the petition filed against levy of safeguard duty on import of solar modules and cells, how you will deal with the challenges in present scenario? Solar power capacity addition is sensitive to solar tariff. Recent study by KPMG also underscores this fact that at a tariff of Rs.3.0 […] Read more
500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
Azure Power Wins 200 MW Solar Project in Gujarat Updated On Tue, Apr 3rd, 2018 by Saurenergy The project will be developed by Azure Power outside a solar park and is expected to be commissioned in 2019. Azure Power has announced that it has won a 200 MW solar project in Gujarat. With this win, the Company now has a total portfolio of ~470 MWs in Gujarat with Gujarat Urja Vikas Nigam […] Read more
Gujarat Urja Vikas Nigam Limited Floats 500 Megawatt Solar Power Tender Updated On Mon, Feb 12th, 2018 by Saurenergy Gujarat Urja Vikas Nigam Limited invited bids for solar power to fulfil its renewable power purchase obligations (RPPO) and to meet future requirements of distribution companies (discoms). Gujarat Urja Vikas Nigam Limited (GUVNL) has floated another tender to procure 500MW from grid-connected solar PV projects through competitive bidding after the power utility had successfully completing bidding […] Read more
Azure Power Secures 250MW Solar Power Project with the Tariff of Rs 3.14 Updated On Mon, Oct 16th, 2017 by Saurenergy Azure Power will also be providing O&M services for 250MW solar power project apart from designing, engineering, manufacturing work scope. Azure Power has announced that it has won a 250MW solar project in an auction conducted under Domestic Content Requirement (DCR) by Indian utility NTPC. Azure Power quoted the lowest bid of Rs 3.14. NTPC […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
