GAIL India To Invest Rs 6,000 Crore In RE Projects For 1 GW Updated On Tue, May 31st, 2022 by Saurenergy State-owned Gail India is going to invest Rs 6,000 crore on renewable energy projects in the next three years. And if required, the investment can go up by an additional Rs 20,000 crore by 2030, according to GAIL India CMD Manoj Jain. Although the plan is to commission 1 GW power from renewable energy within […] Read more
Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power Updated On Thu, May 26th, 2022 by Saurenergy Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […] Read more
GAIL Contract To Build India’s largest PEM based Green Hydrogen Project Updated On Mon, May 16th, 2022 by Saurenergy GAIL Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser to produce 4.3 MT Hydrogen a day in India. In tandem with the National Hydrogen Mission, the renewable energy-powered project would be installed in Guna, Madhya Pradesh. So designed as to produce around 4.3 Metric Tons of […] Read more
NHPC Awards Contracts For CPSU 1000 MW Solar Projects Updated On Fri, May 13th, 2022 by Saurenergy Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […] Read more
Inox Green Energy board approves proposal to raise Rs 900 cr via IPO Updated On Tue, May 10th, 2022 by Saurenergy Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […] Read more
Energy Vault, Two Others Construct Gravity-Based Energy Storage in China Updated On Fri, May 6th, 2022 by Saurenergy Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […] Read more
SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit Updated On Fri, May 6th, 2022 by Saurenergy In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […] Read more
NGSL Signs Pact With African Bloc For RE Development In Africa Updated On Mon, May 2nd, 2022 by Saurenergy NTPC GE Power Services Limited (NGSL) has inked a tripartite Memorandum of Engagement (MoE) with The Lake Region Economic Bloc (LREB), Kenya and Procorp Enertech Private Limited (PEPL) where the three entities will cooperate for the development of solar power projects in Africa. The official statement says that the MoE specifically envisages installations of ground […] Read more
SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi Updated On Fri, Apr 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […] Read more
