SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
SAEL Makes Debut In Global Bond Markets With $305mn Green Bond Updated On Fri, Jul 26th, 2024 by Saurenergy SAEL group has successfully issued its debut US dollar-denominated bonds in the international markets. This bond marks the group’s first issuance in the international capital markets, providing the Company access to a deep, alternative pool of liquidity to complement funds available through domestic Indian lenders, the firm said today. The US$ 305 million green bond […] Read more
SWREL Gets Two Projects In Rajasthan And Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Leading EPC firm Sterling and Wilson Renewable Energy Limited (SWREL), received two domestic orders. One order is for an EPC project for a GWH-scale stationary battery energy storage project in Rajasthan. This project is for a 500 x 2 (1,000 MWhr) standalone BESS plant in the region. Additionally, the company also secured a 20 MW […] Read more
REC Gets National Feeder Monitoring System Control Centre Updated On Fri, Jul 26th, 2024 by Saurenergy Union Power Minister Manohar Lal Khattar inaugurated National Feeder Monitoring System (NFMS) Control Centre on REC Limited’s at its 55 Foundation Day. Shripad Yesso Naik, Minister of State for Power and New & Renewable Energy was also present in the event. Vivek Kumar Dewangan, CMD, REC and key officials of the Ministry of Power, REC […] Read more
Rajasthan To Allows Pvt Edu Centers To Use Net-Billing During Vacations Updated On Fri, Jul 26th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has now approved its proposal to allow educational institutions in Rajasthan (including private entities) to use net-billing provisions for their rooftop solar connections. Earlier, the Commission had brought out a draft regulation to allow educational institutions to use the benefit of net-billing for two months in a year when […] Read more
SJVN Secures First Pumped Storage Project In Mizoram Updated On Fri, Jul 26th, 2024 by Saurenergy SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […] Read more
Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more
Tata Power In MoU with NDDB To Solarise Dairy Supply Chain Updated On Thu, Jul 25th, 2024 by Saurenergy TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has entered into a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), renowned for its transformative impact on India’s rural economy through its cooperative dairy model. This collaboration aims to facilitate various initiatives to advance […] Read more
MNRE Office Gets LEED’s 4.1 Platinum ‘Green Building’ Certification Updated On Thu, Jul 25th, 2024 by Saurenergy The Akshay Urja Bhavan, hosting the office of the Ministry of New and Renewable Energy (MNRE) has now bagged the LEED 4.1 Platinum certification for ‘Green Buildings’. The building, unique in many senses, imbibes renewable energy and energy efficiency measures among others, paving the way towards sustainability. The certification was recently handed over to the […] Read more
