Hindustan Power’s First Phase of 2,520 MW Anuppur thermal power project now Operational Updated On Thu, Apr 14th, 2016 by Saurenergy Hindustan Power announces that the company has successfully accomplished the commissioning of Phase 1 (1,200 MW) of its flagship 2,520 MW Anuppur thermal power project in Madhya Pradesh. The project strategically located near the Coal Mines of SECL/CIL was reportedly commissioned on 30th March 2016 at a cost of Rs 8,000 crores. Operating at 100% […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Two solar PV projects worth Rs 3,104 crore get NTPC board approval Updated On Tue, Apr 5th, 2016 by Saurenergy NTPC board has accorded approval to investment proposals worth Rs 3,104 crore for solar PV projects in Madhya Pradesh and Rajasthan. Power major NTPC has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, has accorded investment approval for Mandsaur Solar PV Project (5×50 MW) in […] Read more
Power Ministry achieves the target of electrifying 7,000 villages in the current fiscal Updated On Mon, Mar 28th, 2016 by Saurenergy The Power Ministry on Monday said it has achieved the target of electrification of 7,000 villages in this FY2016. During last week (from 21st to 27th March 2016) 196 villages have been electrified across the country under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY), of these electrified villages, 75 are in Assam, 22 in Arunachal […] Read more
India to become the 3rd Largest PV Market to overpower Japan – Reports Updated On Wed, Mar 23rd, 2016 by Saurenergy India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
MOIL Team approves Solar Investment of Rs 61.83 crore Updated On Sat, Feb 13th, 2016 by Saurenergy State-run MOIL announces that its board team has accredited investment proposal for setting up 10.50 MW solar power project for captive use in the lease hold areas of company’s mines situated in Madhya Pradesh and Maharashtra, with a total estimated cost of Rs 61.83 crore. “The Board of Directors of the company at its meeting […] Read more
India Aims to Enforce 2 GW Solar Power Capacity by this Financial Year Updated On Tue, Jan 19th, 2016 by Saurenergy After a major milestone of solar energy production reached by India, Latest report cites that around 2GW of solar power capacity is expected to foster by the last financial quarters. Between January and March 2016, major facilities have been identified across four states – Tamil Nadu, Madhya Pradesh, Andhra Pradesh, and Telangana. India has already […] Read more
IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more