Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP Updated On Mon, May 24th, 2021 by Saurenergy Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […] Read more
In a Tumultuous Year, Utility-Scale Solar Installations Decline 39% in FY21 Updated On Thu, May 20th, 2021 by Saurenergy According to a new report by JMK Research, about 3.5 GW of new utility-scale solar capacity was added in India in the fiscal year 2021 (April 2020-March 2021). Compared to the previous year (FY20), installations were about 39% lesser. While the wind capacity of the country increased by 1.5 GW in FY2021, it was found […] Read more
Okaya Power Commissions 100 kW Hybrid Solar Plant in Himachal Updated On Thu, May 20th, 2021 by Saurenergy Okaya Power has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. Okaya Power has announced that it has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. The plant is expected to generate around 144 MWh of clean energy annually according to the company, and further help […] Read more
Programme Manager for Urban Water – Sanitation Programme Updated On Wed, May 19th, 2021 by Saurenergy Centre for Science and Environment (CSE), an established research and advocacy institute, is looking for Programme Manager for its Water Programme. The programme aims to establish policy principles, innovative technologies and implementation strategies for water and wastewater management. These efforts have been directed towards meeting the twin goals of laying foundation for water prudent society and adapting […] Read more
ReNew Power Goes with Gujarat For Solar Component Manufacturing Plant Updated On Tue, May 18th, 2021 by Saurenergy Leading renewable energy firm ReNew Power has announced that it will be going to Gujarat for the development of a solar cell and module manufacturing plant. The manufacturing plans had been announced by ReNew Power last year, and it has picked the Dholera Special Industrial Region (DSIR), about 100 km away from Ahmedabad . Gujarat, […] Read more
CERC Judgement on SB Energy’s 300 MW Bhadla Project Compensation Updated On Tue, May 18th, 2021 by Saurenergy A plea by SB Energy at the CERC, with SECI and Rajasthan Urja Vikas Nigam as respondents, was disposed off by the commission with a now predictable template on most of the contentions. In doing so, the CERC has served to iterate what seems to be well established rules for such situations. The final order […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
Vikram Solar Completes 85 MW Solar Plant for NTPC in Uttar Pradesh Updated On Wed, May 12th, 2021 by Saurenergy Haryana-headquartered solar energy solutions provider Vikram Solar announced today the completion of an 85 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh. It forms part of the largest solar project in a single location in the state of Uttar Pradesh- with 225 MW capacity- of which […] Read more
