Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
NSPCL is tendering for the development of a 50MW solar PV project in Tamil Nadu Updated On Wed, Apr 6th, 2016 by Saurenergy NTPC-SAIL Power Company Private Limited (NSPCL) a joint venture between NTPC Ltd and SAIL is tendering for the development of a 50MW solar PV project in Tamil Nadu. The Project location is within the land of Salem Steel Plant located in Salem district of the state. The tender is for the design, engineering, manufacturing, supply, […] 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
Andhra Pradesh is driving solar, aims to add 619MW of solar power generation Updated On Wed, Mar 9th, 2016 by Saurenergy Andhra Pradesh is well set to foster its solar needs; the state has now announced adding of about 619 MW of solar energy by next month, which will count the total installed capacity surpass 1000 MW (one Giga Watt). Currently the state has about 1300 MW of wind and solar power generation capacity, of which […] Read more
SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […] Read more
India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE Updated On Tue, Feb 23rd, 2016 by Saurenergy Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants Updated On Thu, Feb 4th, 2016 by Saurenergy The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […] 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
