E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA Updated On Fri, Mar 15th, 2024 by Saurenergy India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in […] Read more
J&K Forms Committee To Implement 12 Crore RE Projects Updated On Fri, Mar 15th, 2024 by Saurenergy The Jammu and Kashmir (J&K) government recently constituted an appraisal committee for renewable energy projects in the state. As per its recent order, the government sanctioned the constitution of the Technical Appraisal Committee (TAC). This TAC was formed for the implementation of renewable energy projects worth more than 12 crores. These projects are expected to […] Read more
MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy Updated On Wed, Mar 13th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds of bidding under MSKVY 2.0 subject to the condition that […] Read more
Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi Updated On Tue, Mar 12th, 2024 by Saurenergy Uttar Pradesh govt and the Centre (GoI) have decided to set up a 600 MW solar project in Jhansi District in the state of Uttar Pradesh (Jhansi Solar Power Park). They signed an agreement for the development of a grid-connected ground-mounted solar power project. The agreement mentioned, “The agreement was a signed between joint venture […] Read more
SJVN To Supply Solar Power At Rs 2.57/unit From Its 1 GW Bikaner Plant Updated On Mon, Mar 11th, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, has signed a Long Term Power Usage Agreement (PUA) for 500 MW Solar Power and a Long Term Power Purchase Agreement (PPA) for 100 MW Solar Power, with Rajasthan Urja Vikas and IT Services Limited (RUVITL) in Jaipur. The Power Usage Agreement is for 500 MW […] Read more
SECI Invites Tender For 300 MW Project At Ramagiri In Andhra Pradesh Updated On Thu, Mar 7th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited a tender for its proposed 300 MW (AC) ground-mounted solar PV Project at Ramagiri in Andhra Pradesh. The tender was allotted for the design, engineering, and supply of a grid-connected ground-mounted solar PV power plant (except PV modules), unloading of PV Modules at the site supplied […] Read more
Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar Updated On Tue, Mar 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […] Read more
CERC Grants Transmission Approval to POWERGRID In Andhra Pradesh Updated On Fri, Mar 1st, 2024 by Saurenergy A petition was filed by POWERGRID Ananthpuram Kurnool Transmission Limited for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act to establish the Inter-State Transmission System for the “Transmission Scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW ) and Kurnool (1000 MW), Andhra Pradesh” on a Build, […] Read more
Cabinet Approves PM-Surya Ghar: Muft Bijli Yojana For Rooftop Solar Updated On Thu, Feb 29th, 2024 by Saurenergy The Union Cabinet, chaired by PM Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore. This policy seeks to install rooftop solar and provide free electricity to up to 300 units every month for one crore households. The PM launched the scheme on 13th February. Some of the […] Read more
