IREDA, BVFCL Team Up for Green Energy Projects Updated On Tue, Nov 30th, 2021 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) for providing its techno-financial expertise in developing renewable energy projects and fund raising. The two companies are Public Sector Undertakings (PSUs) under the Ministry of New & Renewable Energy (MNRE) and the Ministry of […] Read more
Government Finalises Sale Of CEL For ₹ 210 crore, Solar Biz Largest Component Updated On Tue, Nov 30th, 2021 by Saurenergy The Centre on Monday (Nov 29) announced approving strategic disinvestment of Central Electronics Limited (CEL), a public sector enterprise (CPSE) under the DSIR, Ministry of Information and Technology. The sale has happened on the second attempt, after a previous effort in 2016 failed to bear fruit. “The Cabinet Committee on Economic Affairs (CCEA) empowered alternative […] Read more
India At 75 And Beyond. Solar’s Starring Role Updated On Mon, Nov 29th, 2021 by Saurenergy India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […] Read more
IEX Announces Resumption of REC Trading From Nov 24 Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […] Read more
UPNEDA Invites Bids for Empanelment for 38 MW Rooftop Solar Plants Updated On Wed, Nov 17th, 2021 by Saurenergy The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited e-bids from eligible vendors interested in being empanelled for the design, supply, erection, testing and commissioning, including warranty and comprehensive operation & maintenance, of 38 MW of grid-connected rooftop solar plants for residential consumers under CAPEX model for a period of five years in Uttar Pradesh. […] Read more
Thermal Generators Allowed To Bundle Renewable In Existing PPA’s Updated On Wed, Nov 17th, 2021 by Saurenergy In one of a promised series of moves to encourage more renewable adoption, the Power Ministry and MNRE have revised guidelines for thermal power producers to allow them to add renewable energy within existing PPA’s. The move has been backed by Power and MNRE Minister R.K. Singh. The new guidelines provide for thermal generation companies […] Read more
Power Minister Tracks Progress On 10 GW Ladakh Solar Project Updated On Tue, Nov 16th, 2021 by Saurenergy The much awaited and planned giant solar project at Ladakh, first mooted by Prime Minister Modi in 2018-19, continues to occupy the attention of the Power Minister, R.K. Singh. The project, originally seen as a 7.5 GW solar park in the union territory, has been delayed due to multiple issues, be it transmission costs, land […] Read more
TN CM to Center: ‘Come Out with Viable Policy on Offshore Wind Energy’ Updated On Tue, Nov 16th, 2021 by Saurenergy Tamil Nadu Chief Minister M.K. Stalin has urged the Central government to come out with a viable policy on harnessing offshore wind energy, according to media reports. Speaking at the Southern Zonal Council meeting held in Tirupathi on Sunday, Stalin said the state has huge potential to harness offshore wind energy. “However, we are yet […] Read more
Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore Updated On Mon, Nov 15th, 2021 by Saurenergy Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […] Read more
