Adani Energy Acquires 100% Stake in Kodangal Solar Parks Updated On Tue, Jan 15th, 2019 by Saurenergy The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital […] Read more
Torrent Power Issues RfS for Purchase of Power of 300 MW from Solar Projects in Gujarat Updated On Mon, Jan 14th, 2019 by Saurenergy Torrent will sign power purchase agreement (PPA) with the successful bidders for a period of 25 years from the scheduled commercial operation date of the project. Torrent Power has issued a Request for Selection (RfS) for procurement of power through competitive bidding process followed by e-reverse auction up to 300 MW from grid-connected solar photovoltaic […] Read more
Assam Issues Tender for 70 MW Solar Project in Amguri Solar Park Updated On Mon, Jan 14th, 2019 by Saurenergy APGCL has fixed the upper ceiling for quoted tariff at Rs 3.50/kWh The Assam Power Generation Corporation Limited (APGCL) has issued a tender inviting Request for Proposal (RFP) from interested power producing companies/solar developers for the allotment of 70 MW of Grid-Connected ground-mounted solar photovoltaic projects to be implemented in Amguri Solar Park in the state […] Read more
Composite Insulators Market to exceed $2.5 Bn by 2024 Updated On Fri, Jan 11th, 2019 by Saurenergy Composite Insulators Market is set to grow from its current market value of more than USD 1.5 Billion to over USD 2.5 Billion by 2024; according to a new research report by Global Market Insights, Inc. The global composite insulators market is expected to gain major traction on account of the fact that the world […] Read more
NISE Opens Applications for Post of Project Engineer & Scientist Updated On Thu, Jan 10th, 2019 by Saurenergy The period of engagement shall be initially for a period of one year or till further orders whichever is earlier, during which the selected candidates will receive between ₹40,000-₹60,000 as remunerations per month. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), is looking for […] Read more
Sterlite Power Bags Power Augmentation Project in West Bengal Updated On Tue, Jan 8th, 2019 by Saurenergy These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. Power transmission infrastructure developer Sterlite Power has been awarded a power augmentation project across seven districts of West Bengal. These seven districts include Purba Medinipur, Mushidabad, Burdwan, Kolkata, North 24 Paragnas, South 24 Paragnas and Hoogly. The project […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. State-owned Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) document for setting up of 1200 MW ISTS connected wind power projects (Tranche-VI) on “Build Own Operate” basis. This 1200MW solar-wind hybrid tender […] Read more
