IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal Updated On Mon, Dec 21st, 2020 by Saurenergy IndiGrid has acquired the 100 MW Indian solar portfolio of Madrid-based Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. India Grid Trust (IndiGrid) has announced in a regulatory filing that it has acquired the 100 MW Indian solar portfolio of Madrid-based developer Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. The KKR-owned Infrastructure […] Read more
1 MW Integrated RE Project Inaugurated, Foundation for 100 MW Project Laid in Goa Updated On Mon, Dec 21st, 2020 by Saurenergy Goa Power Minister Nilesh Cabral recently inaugurated the first 1 MW “convergence project” in the UT, and further laid the foundation stone for another 100 MW project. Nilesh Cabral, Minister for Power and New & Renewable Energy, Government of Goa, has recently inaugurated the first “convergence project”, which integrates the delivery of clean renewable decentralised […] Read more
Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction Updated On Mon, Dec 21st, 2020 by Saurenergy The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […] Read more
Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP Updated On Fri, Dec 18th, 2020 by Saurenergy Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […] Read more
Railways Looking to Procure Schedulable Power From Solar & Storage System Updated On Fri, Dec 18th, 2020 by Saurenergy REMCL, a JV of the Indian Railways, has issued an EOI for Pilot Project for procurement of schedulable power from a solar plus storage system. REMCL Ltd, a Joint Venture (JV) company of the Indian Railways and RITES Ltd, has issued an expression of interest (EOI) for its Pilot Project for the procurement of Flexible, […] Read more
NTPC Subsidiary NVVN Tenders for 30 MW Solar Projects in Madhya Pradesh Updated On Fri, Dec 18th, 2020 by Saurenergy NVVN, a subsidiary of NTPC, has issued a tender for commissioning of rooftop/ ground-mounted solar projects worth 30 MW in Madhya Pradesh. NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC Ltd, has issued a tender – inviting bids from eligible firms for the commissioning of rooftop/ ground-mounted/ elevated structure solar PV projects worth […] Read more
IndiGrid Partners With IBM to Build AI-Enabled Asset Management Platform Updated On Fri, Dec 18th, 2020 by Saurenergy IndiGrid has signed a multi-year collaboration agreement with IBM to build Artificial Intelligence (AI)-enabled asset management platform. India Grid Trust (IndiGrid) has announced that it has signed a multi-year collaboration agreement with tech-giant IBM to build Artificial Intelligence (AI)-enabled asset management platform. The IBM Maximo Application Suite will allow IndiGrid to become future-ready by improving the overall health […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
NIPSCO and Capital Dynamics Sign 280 MW Solar Energy Power Purchase Agreement Updated On Thu, Dec 17th, 2020 by Saurenergy Agreement furthers goal of bringing more affordable, cleaner energy to NIPSCO consumers Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA). Under the terms of the PPA, NIPSCO […] Read more
