MP Implements 26 MW Rooftop Solar Programs Via RESCOs Updated On Tue, Jun 19th, 2018 by Saurenergy Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […] Read more
Piyush Goyal Inaugurates NLCIL’s Rs 1,302 Cr Solar PV Projects in TN Updated On Fri, Jun 15th, 2018 by Saurenergy The three solar plants are having an installed capacity of 100 MW each and were erected at a cost of Rs 1300 crore, including operation & maintenance cost for 15 years. The Union Minister for railways, coal, finance & company affairs, Piyush Goyal has inaugurated the Rs 1,302 crore worth of Neyveli Lignite Corporation India […] Read more
TN CM to Give 500 Subsidized Solar Pumps to Farmers Updated On Fri, Jun 15th, 2018 by Saurenergy The Chief Minister said, Since 2012, Tamil Nadu has distributed 3,112 solar power pumps to farmers at a total subsidy of Rs 117.24 crore. Now, with more demand for solar pumps, the government has decided to distribute 500 more. Besides announcing 500 pumps earlier for delta farmers, Tamil Nadu Chief Minister Edappadi K Palaniswami offered […] Read more
TN to Invest 5,000 Crore in Renewable Energy Updated On Wed, Jun 13th, 2018 by Saurenergy A dedicated central public sector undertaking for solar power, SECI, is working elsewhere on the theme of floating solar projects as well. SECI, at the beginning of this year, issued tenders for a 150 MW plant for Rihand Dam in Uttar Pradesh. To set the voyage for the total transformation of the state’s transmission infrastructure […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
ACME Group Won 50 MW Solar Power Project in SECI Reverse Auction Updated On Fri, Jun 8th, 2018 by Saurenergy It is a very tough project due to site access, soil condition, difficult contour, high wind speed and lower GHI (Global Horizontal Irradiance). The tariff remains lower than forbearance price of Rs 3.48 per unit. In an auction conducted by Solar Energy Corporation of India (SECI), ACME Group said it has won 50 MW solar […] Read more
Azure Power Wins 75 MW Solar Power Project in NE Updated On Thu, Jun 7th, 2018 by Saurenergy The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […] Read more
Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India Updated On Thu, Jun 7th, 2018 by Saurenergy Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
