PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra Updated On Wed, Jun 22nd, 2016 by Saurenergy Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] Read more
Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM Updated On Fri, May 20th, 2016 by Saurenergy Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […] Read more
SECI’s latest tender for solar plants in Uttar Pradesh find bidders at Rs. 4.43 per kwH Updated On Tue, Mar 29th, 2016 by Saurenergy The Solar Energy Corporation of India’s (SECI)’s latest tender for solar plants in Uttar Pradesh with base tariff of Rs 4.43 per kwH has managed to tug bidders, though many in the trade believed the price too aggressive. RattanIndia Solar Ltd has bagged 50 MW solar projects at the Allahabad solar park, while SolaireDirect bagged […] Read more
U.P Solar Auction Goes to Adani Power and Azure Power Updated On Fri, Jan 29th, 2016 by Saurenergy Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […] Read more
India, Japan and Taiwan Join Forces to Yield Solar Power in A.P at Record-Low Levy Updated On Wed, Dec 16th, 2015 by Saurenergy India’s Bharti Enterprises – SBG Cleantech, Japan’s SoftBank, Taiwan’s Foxconn has bagged a tender from NTPC under the National Solar Mission to generate 350 megawatts in the southern region of Andhra Pradesh. The trio has enrolled its first win in India’s exceedingly focused Solar Energy market. SBG Cleantech arranges $20 billion to invest in India’s […] Read more