MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
Gujarat Government Announces Subsidy for Electric Vehicles Updated On Fri, Sep 18th, 2020 by Saurenergy The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […] Read more
CM Yogi Asks State Officials to Look into Developing Ayodhya as Solar City Updated On Fri, Sep 4th, 2020 by Saurenergy Uttar Pradesh Chief Minister Yogi Adityanath has asked his state officials to explore the possibility of developing Ayodhya as a “solar city.” Uttar Pradesh Chief Minister Yogi Adityanath has asked his state officials to explore the possibility of developing Ayodhya as a “solar city.” According to a press statement, the CM said that Ayodhya is […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
Power Sector Employees Protest Against Electricity Amendment Bill: AIPEF Updated On Wed, Aug 19th, 2020 by Saurenergy AIPEF has said that lakhs of power sector employees held peaceful protest against privatisation of Discoms and the Electricity Amendment Bill 2020 The All India Power Engineers Federation (AIPEF) has said that lakhs of power sector engineers and employees held peaceful protest s across the country against privatisation of Discoms and the Electricity Amendment Bill […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
NTPC to Acquire 1 GW Solar Projects, Planning to Invest Rs 5K Cr Updated On Sat, Jul 25th, 2020 by Saurenergy State-run power giant NTPC has issued a tender to acquire 1 GW of operational solar projects, which entails an investment of around Rs 5,000 crore. State-run power giant NTPC has issued a tender to acquire 1 GW of operational solar projects, which entails an investment of around Rs 5,000 crore. In a request for proposal (RFP), NTPC […] Read more
Vellore Smart City Tenders for 1.2 MW Solar Power Plant Updated On Thu, Jul 16th, 2020 by Saurenergy Vellore Smart City Limited (VSCL) has issued a tender for setting up of 1.2 MW solar power plant near the Palar river in the state of Tamil Nadu. Vellore Smart City Limited (VSCL) has issued a tender, inviting bids from eligible firms for setting up of 1.2 MW ground-mounted solar power plant in the ABD […] Read more
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
