International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
India Launches Solar Power Project in Egypt Updated On Mon, Jul 17th, 2017 by Saurenergy The solar power project was inaugurated by India’s Ambassador to Egypt Sanjay Bhattacharyya and Major General Alla Fathi Abou Zeid, Governor of Matrouh. India has launched a solar power project with state-of-the-art technology to electrify a remote village in Egypt. The Solar Electrification Project, an off-grid system that is ideal for remote locations, has been […] Read more
Goa Energy Development Agency Invites Public Suggestions on Draft Solar Power Policy Updated On Mon, Jul 17th, 2017 by Saurenergy Suggestions on Draft Solar Power Policy will be compiled by GEDA and submitted to the government, which will then consider incorporating them after taking into consideration the financial implications for each. The Goa Energy Development Agency (GEDA) has received around 10 suggestions on the draft solar policy during the 10 days to receive public comments. […] Read more
TNERC Award Blow to Adani Green Energy over Backdowns Updated On Mon, Jul 17th, 2017 by Saurenergy TNERC has directed Adani Green Energy to resubmit the petition as a ‘Dispute Resolution Petition’ (DRP) rather than under the ‘Miscellaneous’ category. The latest award of the Tamil Nadu Electricity Regulatory Commission (TNERC) is a setback for Adani Green Energy in its running battle with Tamil Nadu’s distribution and transmission companies over the problem of […] Read more
Indian Railways Introduces Solar Powered Train with Battery Back-Up Updated On Sat, Jul 15th, 2017 by Saurenergy The 1600 Horse Power rake has been conceptualized by Indian Railways Organization for Alternate Fuels (IROAF) using flexible solar panels and Lithium-Ion batteries. India’s national transporter Indian Railways has introduced its first solar-powered rake with a battery back-up to enable it to run at night as well. The move is part of a string of […] Read more
Kerala Government Approves App-based Survey to Map Renewable Energy Installations Updated On Fri, Jul 14th, 2017 by Saurenergy The state government of Kerala has given its approval to the Agency for Non-conventional Energy and Rural Technology to develop the mobile app at a cost of Rs 10 lakh for Mapping Renewable Energy Installations. The Government of Kerala would soon launch a mobile app-based survey to map the renewable energy installations, such as solar […] Read more
India Remains Committed to Climate Change as Per Own Values and Requirements: G20 Summit Updated On Mon, Jul 10th, 2017 by Saurenergy India to be committed to issues of climate change as per its own values and requirements, though will need some more time to process entirely to clean fuel. India has said that it remains committed on the issue of climate change “as per its own values and requirements”; days after the US announced its decision […] Read more
GUVNL Extends the Bidding Deadline for 1000MW Renewable Power Updated On Sat, Jul 8th, 2017 by Saurenergy The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
