DMRC Signs PPA with Madhya Pradesh for Sourcing Electricity from Rewa Solar Power Plant Updated On Tue, Apr 18th, 2017 by Saurenergy Delhi Metro Rail Corporation has inked a pact with Delhi Metro Rail Corporation for 24 percent electricity from Rewa ultra mega solar power project. Madhya Pradesh government will sign a power purchase agreement (PPA) with the Delhi Metro Rail Corporation (DMRC) on April 17 to supply 24 per cent of electricity generated from the Rewa […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
Madhya Pradesh at GIS attracted Investment of Rs.20000 Cr for new and renewable energy sector Updated On Mon, Oct 24th, 2016 by Saurenergy On the concluding day of Global Investors’ Summit 2016 five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector in presence of CM Shivraj Singh Chouhan and Union Minister for Petroleum and Natural Gas (Independent charge) Dharmendra Pradhan and Energy Minister Paras Jain in Indore. After the MoU ceremony […] Read more
Madhya Pradesh Government devises a scheme to provide solar panels at subsidized rate Updated On Mon, Oct 17th, 2016 by Saurenergy The state Government of Madhya Pradesh has planned out a scheme of subsidies to motivate the residents to install solar panels. Citizens, who will apply for solar panel producing 2kW solar energy, will be provided with a subsidy of Rs 45000. The actual cost of the panel is Rs. 1.5 lakh. Solar panels can save […] Read more
Madhya Pradesh Government to provide state guarantee for 750MW park Updated On Wed, Aug 17th, 2016 by Saurenergy The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […] Read more
Delhi likely to get green power from Madhya Pradesh to run its Metro trains Updated On Fri, Apr 29th, 2016 by Saurenergy The National Capital of India will reportedly get green power from Madhya Pradesh starting next year to run its Metro trains. Manu Shrivastava, Principal Secretary of Madhya Pradesh New and Renewable Energy Department speaking to PTI said “we are charting out the power purchase agreement (PPA) to be signed between Delhi Metro Rail Corporation (DMRC) and developers of the world’s […] Read more
BHEL bags order for 50 MW Solar PV power plant in Madhya Pradesh on EPC basis Updated On Fri, Apr 15th, 2016 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has bagged order for setting up a 50 MW Solar Photovoltaic (SPV) Power Plant at Mandsaur in Madhya Pradesh on Engineering, Procurement and Construction (EPC) basis. The order valued at Rs.282 Crore, has been placed on BHEL by NTPC Limited. The project is scheduled for completion in twelve months. Early […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Madhya Pradesh to Provide Cheapest Solar Power till Date Updated On Mon, Mar 14th, 2016 by Saurenergy Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […] Read more
