Loans Worth Rs 1.25 Lakh Cr so far Under Discoms Liquidity Package Updated On Wed, Feb 3rd, 2021 by Saurenergy Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by PFC and REC Ltd under the liquidity package for stressed power Discoms Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation (PFC) and REC Ltd under the liquidity package for stressed power distribution […] Read more
Pharma Major Cipla Establishes 30 MW Captive Solar Plant Updated On Thu, Jan 28th, 2021 by Saurenergy Cipla Limited, a leading pharma firm announced the start of a 30 MW solar plant project at Tuljapur, Maharashtra. The plant will support its production facilities and reduce emissions linked to energy commission there. The 30 MW project, built in partnership with APM Energy India, is spread over 115 acres, The project will benefit the company’s […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Pre-bid Meeting for SECI’s 1200 MW Wind Tender Rescheduled Updated On Tue, Jan 5th, 2021 by Saurenergy SECI has announced that the pre-bid meeting for its tender for setting up of 1200 MW wind power projects (Tranche-X) has been rescheduled. The Solar Energy Corporation of India (SECI) has announced that the pre-bid meeting for its tender, for the selection of wind power developers for setting up of 1200 MW ISTS-connected wind power […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Pre-bid Meeting for SECI’s 1200 MW Wind Tender to be Conducted Virtually Updated On Wed, Dec 30th, 2020 by Saurenergy SECI has announced that the pre-bid meeting for its 1200 MW (Tranche-X) wind tender will be conducted virtually through video-conferencing. The Solar Energy Corporation of India (SECI) has announced that the pre-bid meeting for its tender for selection of Wind Power Developers (WPDs) for setting up of 1200 MW ISTS-connected wind power projects in India […] Read more
MSEDCL Petition to Float Open Tenders Under MSKVY Partly Approved by MERC Updated On Wed, Dec 30th, 2020 by Saurenergy MERC has allowed MSEDCL to proceed with the continuous bidding process for the selection of bidders under MSKVY. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has been at the doors of the Maharashtra Electricity Regulatory Commission (MERC) to seek approval to float Open tenders and taking land on lease by paying rent under Mukhyamantri […] Read more
