JERC Issues Draft RE Tariff Regulation For Goa and UTs Updated On Thu, May 16th, 2019 by Saurenergy All renewable energy power projects will be treated as “must run” and the procurement of power from such projects will not be subjected to ‘merit order dispatch’ principles. The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. JERC […] Read more
MNRE Approves Connection of Old Off-Grid Solar Plants to the Grid Updated On Thu, May 16th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE), acting on requests made by implementing agencies has allowed old off-grid solar power plants to be connected to the grid wherever possible. State nodal agencies and/or implementing agencies under the off-grid and decentralised solar PV applications programme had requested the ministry for allowing the connection of the […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
Indian Oil Floats Tender For 205 kW Rooftop Solar Plants in UP Updated On Wed, May 15th, 2019 by Saurenergy The last date for bid submission is Mat 27, 2019 The Indian Oil Co. Ltd. (IOCL) has issued a tender inviting bid from eligible bidders for the deployment of 205 kW rooftop grid-connected solar power PV plant at two of its sites in the state of Uttar Pradesh. The first solar PV system will be […] Read more
Adani Green Energy Commissions 50 MW Solar Power Project in UP Updated On Tue, May 14th, 2019 by Saurenergy The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […] Read more
Bridgestone India Begins Solar Power Generation on Both Plants Updated On Mon, May 6th, 2019 by Saurenergy Bridgestone India’s two plants in India have opted for using solar power. The tire manufacturers Pune Plant in Chakan, in the state of Maharashtra in Western India, has currently installed 1 MW of Solar capacity and is in the process of setting up of another 4 MW of capacity which will commence operations by September […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Enel Brings Online its First Solar Facility in Zambia Updated On Thu, May 2nd, 2019 by Saurenergy Upon completion, the facility is expected to produce around 70 GWh of electricity every year, while avoiding the annual emission of over 25,600 tons of CO2 into the atmosphere. Enel Green Power, the Enel Group’s global business line dedicated to renewable energy, has started operations of the 34 MW Ngonye solar PV plant, which is the Group’s […] Read more
PGCIL Floats Tender For Rooftop Solar Plants at Bhatapara Substation Updated On Tue, Apr 30th, 2019 by Saurenergy The last date for bid submission is May 28, 2019 The Power Grid Corporation of India Ltd. (PGCIL) has invited bids for the setting up of grid-interactive rooftop solar PV power plants at 400/220 KV Bhatapara Substation in Maharashtra. The total tendered capacity for projects is 220 kW, of which 60 kW will be developed […] Read more
