L&T Gets EPC Contract for 90 MW Floating Solar in Omkareshwar, MP Updated On Thu, Dec 29th, 2022 by Saurenergy India’s leading engineering player – Larsen and Toubro (L&T) – has announced that the power transmission & distribution business of L&T Construction has secured multiple EPC orders in India and overseas. The key catch has been a contract for the development of a floating solar project in Madhya Pradesh. L&T held that the renewables arm […] Read more
India’s November ’22 Solar Capacity Addition Drops to 342 MW Y-o-Y, Wind Additions Rise Marginally Updated On Thu, Dec 15th, 2022 by Saurenergy The statistics from last month’s RE installation indicate that November was not a terrific month for the expansion of Indian RE capacity. Comparing the current month of November 2022 to the previous one, the total RE capacity additions decreased. India only added 342.09 MW of solar energy and just 51.3 MW of wind energy in […] Read more
NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets Updated On Tue, Dec 13th, 2022 by Saurenergy State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL. As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […] Read more
Top 5 Takeaways From Intersolar 2022 In India Updated On Mon, Dec 12th, 2022 by Saurenergy Intersolar 2022 in Ahmedabad, or the Smarter E India as it is called in India now, finished up last week. Held from December 7 to 9 at the Helipad centre in Gandhinagar, near Ahmedabad, the event continued on the substantial shifts we have been observing in the solar and related spaces since this year started. […] Read more
CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts Updated On Wed, Dec 7th, 2022 by Saurenergy India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […] Read more
Chiripal Group Bets Big On Solar Manufacturing For Long Term Sustainability Updated On Wed, Dec 7th, 2022 by Saurenergy Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, Chiripal Renewables recently founded Grew Energy Pvt Ltd, a company that will produce solar components. With this entry into the renewable energy industry the group has acknowledged the scale of the opportunity in renewable energy, particularly solar […] Read more
With LPS Rules, Significant Improvement in Payment of Outstanding Dues from DISCOMs to GENCOs Updated On Wed, Nov 30th, 2022 by Saurenergy The outstanding dues of DISCOMs to GENCOs have been a matter of concern for quite some time now. As of June 2022, these dues stood at Rs 1.32 lakh- a 4 per cent YoY increase. As of August 2022, a large number of state DISCOMs including Maharashtra, Tamil Nadu, Telangana, Andhra Pradesh, Uttar Pradesh, Jammu […] Read more
Indore Municipality To Lead With First Green Municipal Bonds For Solar Plant Updated On Tue, Nov 29th, 2022 by Saurenergy The country’s first local government bond (Retail Municipal Bond) will be offered by a city in India with a solid environmental track record, and the revenues will be used to finance a solar power plant. Indore, which has been impossible to dislodge from the top rank among India’s cleanest cities for the past few years, […] Read more