IREDA reports 5.56% decline in net profit Updated On Mon, May 23rd, 2016 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […] Read more
Cabinet chaired by the PM Modi apprised of a GFA on RE Cooperation between India and UAE Updated On Fri, May 13th, 2016 by Saurenergy The Union Cabinet chaired by PM Narendra Modi was apprised of General Framework Agreement (GFA) on Renewable Energy (RE) Cooperation between India and UAE. The General Framework Agreement was signed by the two nations on 11th February in New Delhi this year during the state visit of Crown Prince of UAE. The GFA aims at […] Read more
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
Delhi College to lighten its surrounding with solar power Updated On Fri, May 6th, 2016 by Saurenergy Delhi University’s Dyal Singh College has always aspired to make campus Green and Clean. In its latest initiative the collage has installed l00kWp Solar Power Panel on its rooftop which will partly meet the requirement of the college and surplus on certain days will be sold out to BSES, so that it can be diverted […] Read more
Indian Railways proposes to harness 1000 MW solar and 150MW wind energy by 2020 Updated On Thu, Apr 28th, 2016 by Saurenergy Indian Railways has proposed to harness 1000 Mega Watt (MW) solar and 150 MW wind energy by the year 2020. Minister of State for Railways, Manoj Sinha in a written reply to a question in Lok Sabha on Wednesday said “a total of about 50 MW renewable energy capacity has been installed till date including […] Read more
Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy Updated On Mon, Apr 18th, 2016 by Saurenergy Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
