Assam Issues Tender for 25 MW Namrup Solar PV Plant Project Updated On Wed, Feb 17th, 2021 by Saurenergy The Assam Power Generation Corporation Limited (APGCL) has released a tender for setting up of 25 MWp (20 MWac) solar PV power plant at Namrup thermal power station in the state. The tender has been issued to invite bidders for design, engineering, procurement, supply, transportation, unloading, site development, construction, erection, installation, testing, commissioning, associated transmission […] Read more
ISA’s Special Assembly Elects Dr. Ajay Mathur As New Director General Updated On Tue, Feb 16th, 2021 by Saurenergy The International Solar Alliance (ISA) has announced Dr. Ajay Mathur as its new Director General following his election at the first special assembly, which was held virtually. A confederacy of 73 member countries, ISA was established in late 2015 to facilitate the demand for and use of safe, sustainable, and affordable solar energy for all. […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Adani Green Snaps Up 3 GW in 6.4 GW AP Solar Tender Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy has won 5 bids for a combined 3 GW capacity, priced in the range of Rs 2.49 to Rs 2.58/kWh in the recent AP solar tender The widely awaited results of the tender for 6.4GW from the Andhra Pradesh Green Energy Corporation Limited (APGECL) is out, and the results are on expected […] Read more
SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon Updated On Wed, Feb 3rd, 2021 by Saurenergy SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […] Read more
Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai Updated On Tue, Feb 2nd, 2021 by Saurenergy Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […] Read more
Adani Green Energy Commissions 100 MW Solar Plants in UP, Ahead of Schedule Updated On Tue, Feb 2nd, 2021 by Saurenergy Adani Green Energy has announced that its subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants in UP. Adani Green Energy Limited (AGEL) has announced that its wholly-owned subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district […] Read more