Sterlite Announces Fin Closure For Beawar Project From REC Updated On Mon, Feb 12th, 2024 by Saurenergy In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […] Read more
Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC Updated On Thu, Dec 28th, 2023 by Saurenergy Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […] Read more
NTPC Looks for Solar Power Developers in 1500 MW Tender Updated On Tue, Dec 26th, 2023 by Saurenergy NTPC Ltd. has issued a tender inviting online bids from eligible bidders on single stage two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of solar power developers in 1500 MW tender. These ISTS connected solar power projects will be established anywhere in India. The last day […] Read more
NLC Introduces Renewable Energy Subsidiary- NIGEL Updated On Tue, Oct 17th, 2023 by Saurenergy Tamil Nadu-based NLC India Limited, a Navratna Central Public Sector has incorporated a wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL). The arm has been established to commission renewable energy projects. NIGEL has set sights on executing renewable energy projects of a cumulative of 2 GW. These entail a 600 MW solar power project in […] Read more
NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD Updated On Tue, Aug 29th, 2023 by Saurenergy Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […] Read more
PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy Updated On Mon, Jul 3rd, 2023 by Saurenergy PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […] Read more
PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage Updated On Thu, May 18th, 2023 by Saurenergy PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […] Read more
GUVNL Invites RFP For Procurement of 500 MW Power Updated On Thu, Aug 25th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has invited request for proposals for 500 MW of power supply on a short-term basis through tariff based competitive bidding process. The last date for submitting the online bid is September 01, 2022, till 06:00 pm. Bids will be opened on September 02, 2022, at 11:00 am. For participating […] Read more
PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […] Read more
