Bihar Issues Tender For Solarisizing Feeders Under RESCO Mode Updated On Mon, Nov 11th, 2024 by Saurenergy The Bihar government has issued a tender inviting solar project developers to accelerate the solarisation of agricultural feeders under Component C2 of the PM-KUSUM scheme. The initiative will be implemented using the RESCO (Renewable Energy Service Company) model, in line with the state’s earlier plans. The tender was released by the Bihar State Power Generation […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
REC Raises $500 Mn Through Green Bonds Updated On Mon, Sep 30th, 2024 by Saurenergy REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […] Read more
MNRE Wants Discoms To Make Rooftop Solar Payments Online Updated On Wed, Sep 18th, 2024 by Saurenergy In order to further streamline the implementation of the PM Surya Ghar scheme, the Ministry of New and Renewable Energy (MNRE) has urged the states to alter the functioning of discoms. Discoms are the key offices which regulate the rooftop solar affairs in their jurisdiction. In a latest communication of the MNRE to the states, […] Read more
India Reduces AT&C Losses From 22.62% To 15.40% In 10 Years: Minister Updated On Tue, Jul 30th, 2024 by Saurenergy India’s renewable energy installed capacity has recently surged to 4,46,190 MW in June 2024, up from 2,48,554 MW in March 2014, according to data shared by Minister of State for Power, Shripad Naik. In a written reply to the Parliament, the Minister noted: “India’s total installed capacity has increased from 2,48,554 MW in March 2014 […] Read more
RECPDCL Releases Tender For 200 MW Solar Project In Jhansi Updated On Wed, May 22nd, 2024 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a Central Public Sector Undertaking (CPSU) under the Ministry of Power, released a tender for the commissioning of a 200 MW (AC) grid-connected ground-mounted solar PV power plant at Jhansi, Uttar Pradesh. REC invited bids for the selection of the contractor for the design, engineering, supply, construction, erection, […] Read more
45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA Updated On Mon, Apr 8th, 2024 by Saurenergy The Central Electricity Authority (CEA) has now issued a list of smart meter and net meter providers in the country. CEA is a constituent body of the Ministry of Power. The CEA list indicated that a total of 45 companies provide smart electricity meters for India. On the other hand a total of 12 companies […] Read more
Bihar Biggest Beneficiary Of DDUGJY & Saubhagya Funding Updated On Fri, Feb 9th, 2024 by Saurenergy Recently in parliament Union minister of Power and New and Renewable Energy R.K Singh shared data on the status of electrified and un-electrified villages under the Deen Dayal Gram Jyoti Yojana (DDGJY). The data shared by the union minister in a written reply to the parliament revealed, “Nearly 88,000 households of Particularly Vulnerable Tribal Groups […] Read more
Jakson Partners With NTPC To Boost Solar Power Production In Ayodhya Updated On Tue, Jan 23rd, 2024 by Saurenergy Indian solar module company–Jakson Group said that the company contributed to the growth of green energy in the temple city of Ayodhya in Uttar Pradesh. In addition to powering the sacred site, Jakson Green—a subsidiary of Jakson Group, was roped in to boost green energy for the city through. The firm said it was possible […] Read more
