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
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more
NCLT Allows Demerger of Emami’s Power and Cement Business Updated On Thu, Dec 27th, 2018 by Saurenergy In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […] Read more
50 MW Pavagada Solar Park Bid Deadline Gets Another Extension Updated On Thu, Dec 27th, 2018 by Saurenergy The new deadline for online bid submission is December 31, 2018 while the hard copies can be submitted till January 2, 2019. Karnataka Renewable Energy Development Limited has once again extended the bid submission deadline for a tender for solar project of 50 MW capacity at Pavagada Solar Park in Karnataka. The bid submission deadline […] Read more
Bids for setting up of Wind Power Projects of over 8000 MW Capacity Finalised Updated On Thu, Dec 27th, 2018 by Saurenergy The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
KERC Sets New Generic Tariff for Solar Rooftop Projects Updated On Thu, Dec 27th, 2018 by Saurenergy The generic tariff without capital subsidy is set at Rs 4.15 and Rs 3.08 with capital subsidy and will be applicable on PPAs signed after December 19, 2018. The Karnataka Electricity Regulatory Commission in its latest order has set the generic tariff for grid connected solar rooftop units which are installed by domestic users in […] Read more
Tamil Nadu Best in Providing Clean and Affordable Energy: NITI Aayog Updated On Sat, Dec 22nd, 2018 by Saurenergy Renewable sources constitute 100 percent of total installed generating capacity of electricity in three States and four UTs. Sustainable Development Goal (SDG) India Index which was released by NITI Aayog recently has ranked Tamil Nadu, Karnataka, Andhra Pradesh, Bihar, Maharashtra and Gujarat as the top states for providing affordable and clean energy to their population. […] Read more
