Installation of Rooftop Solar Plant Should Not be Mandatory: Former MP Updated On Fri, May 18th, 2018 by Saurenergy The entire process of switching to solar power should be done gradually so as to ensure that the process is hassle-free for the citizens, the statement reads. Rather than making it mandatory for the people to have rooftop solar installation on their homes the administration should encourage and subsidies the process, Former Union Minister Pawan […] Read more
Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Sterlite Power Gets $47 Mn Conductor Order from GS S Korea Updated On Fri, May 18th, 2018 by Saurenergy The ACCC will be used for a new 400 kv transmission line across a route length of 169-km on a Power Grid Company of Bangladesh project. One of the global developers of power transmission infrastructure, Sterlite Power has bagged an order worth USD 47 million from GS S Korea for supply of High-Performance Conductor (ACCC). […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Energy is a basic human right, says Schneider Electric at Sustainable Energy for All Forum Updated On Thu, May 17th, 2018 by Saurenergy The agenda was to share the latest evidence of progress on SDGH7 and scalable innovations in providing energy efficiency around the world. Schneider Electric, a digital transformation of energy management and automation, recently participated in the Sustainable Energy for All (SEforALL) Forum in Lisbon. The theme of the forum was “leaving No One Behind”. The […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
