ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Azure Power Wins 200 MW in SECI Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […] Read more
Solar Energy Can be Explored to Provide Affordable Power: J&K Dy CM Updated On Mon, Jan 8th, 2018 by Saurenergy Jammu and Kashmir have second highest potential to generate solar power in the country after Rajasthan. Jammu and Kashmir Deputy Chief Minister Nirmal Singh said that solar energy can be explored to provide affordable power to the residents living in remote and far off places of the state. Talking specifically of Billawar in Kathua district […] Read more
Solar Industry Balanced for Greater Jump, After Rs 5,000-Crore of Attractions in 2017 Updated On Tue, Jan 2nd, 2018 by Saurenergy Bhadla solar park near Jodhpur with a limit of 2,250 MW is topped off. The state government has arranged all the more such stops to expand the force. The solar energy domain that took a major jump in Rajasthan in 2017 pulling in Rs 5,000 crore speculations is balanced for an exponential extension in 2018. […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Details of Solar, Wind and Biomass Based Power Generation Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed about the State-wise details of solar and wind power generation during each of the last three years and the current year. (all figures in MU) 2014–15 2015–16 2016–17 2017–18 […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
15,183 villages electrified in the country out remaining 18,452, as on 30th November, 2017: Shri R.K. Singh Updated On Tue, Dec 19th, 2017 by Saurenergy Free Electricity Connections released to 44.41 lakh BPL households under DDUGJY across the country during the last 3 years Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed that as on 1st April, 2015, there were 18,452 […] Read more
