PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
Delhi Metro Tenders for 2 MW Rooftop Solar Project Under RESCO Model Updated On Wed, Jan 13th, 2021 by Saurenergy The Delhi Metro tenders for commissioning of 2 MW rooftop solar project under RESCO model at the staff quarters of DMRC in Delhi. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders, for the commissioning of a 2 MW rooftop solar PV power project under RESCO model at the […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Tata Power to Develop 110 MW Solar Project for KSEBL Updated On Thu, Jan 7th, 2021 by Saurenergy Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
Gurudwaras to Have Solar Systems, As SGPC Wants Cheap Electricity Updated On Wed, Jan 6th, 2021 by Saurenergy The Shiromani Gurdwara Parbandhak Committee (SGPC) has yesterday announced to install solar systems at historic gurdwaras to reduce the cost of electricity. The solar-generated electricity would be drawn for the preparation of ‘langar’ by steam. SGPC chief Bibi Jagir Kaur told in an interim meeting, that solar systems would be installed at gurdwaras, and a […] Read more
NHPC Seeking EPC Firms for 100 MW Solar Plant in UMREPP in Koppal, Karnataka Updated On Wed, Jan 6th, 2021 by Saurenergy NHPC Ltd has issued a tender for awarding the EPC contract for the development of a 100 MW solar project in Koppal District of Karnataka. NHPC Ltd has issued a tender for awarding the Engineering, Procurement and Construction (EPC) contract for the development of a 100 MW ISTS-connected ground-mounted solar PV project at the Ultra […] Read more
World’s Largest Floating Solar Plant to Come up in Madhya Pradesh Updated On Wed, Jan 6th, 2021 by Saurenergy At 600 MW – the world’s largest floating solar energy plant has been proposed to be built on the Omkareshwar Dam reservoir in Madhya Pradesh. At 600 MW – the world’s largest floating solar energy plant has been proposed to be constructed on the Omkareshwar Dam reservoir on the Narmada river in Khandwa district of […] Read more