TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
SunPedal Ride of 70 days to raise solar awareness in India Updated On Thu, May 5th, 2016 by Saurenergy IIT Bombay alumnus from Energy Science Department, Sushil Reddy will be riding a solar powered electric bicycle across 5 states and 7000+ kms in India starting 7th May 2016 to raise solar awareness in the country. The SunPedal ride will be of approximately of 70 days which will be done with a support vehicle and […] Read more
MNRE to launch a Renewable Energy mobile apps for solar and wind power bids and projects: Piyush Goyal Updated On Thu, May 5th, 2016 by Saurenergy Minister of State (IC) for Power, Coal and New & Renewable Energy, Piyush Goyal on Wednesday launched ‘Contract Labour Payment Management System’- a portal of Coal India Limited (CIL).Goyal also felicitated employees of his Ministries, Public Sector Undertakings and organization/Statutory bodies for their path breaking work towards lighting up India in last two years. Speaking on […] Read more
CLP likely to enter Indian solar market with purchase of 100 MW of solar power project from Suzlon Updated On Wed, May 4th, 2016 by Saurenergy CLP India is reportedly in talk with wind energy giant Suzlon to buy 100MW of PV projects. Early this year in January Suzlon made its maiden entry into the solar space winning tender for 210 MW of projects in the state of Telangana. The 210 MW of project includes one project of 100 MW, one […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
India will add 10,500 MW solar power in the current fiscal: Piyush Goyal Updated On Sat, Apr 30th, 2016 by Saurenergy New & Renewable Energy Minister Piyush Goyal on Friday at Concentrated Solar and Solar Cooker Excellence Awards said India will achieve the target of adding 10,500 MW of solar power generation capacity in the current fiscal. Goyal Said “the way things are progressing in the solar energy sector. We will definitely achieve our target. Solar […] Read more
India will lead the world towards clean energy: Piyush Goyal Updated On Sat, Apr 30th, 2016 by Saurenergy Minister for State (Independent Charge) for Power, Coal and New & Renewable Energy, Piyush Goyal, felicitated 102 awardees at CST & Solar Cooker Excellence Awards- 2016 on Friday in National Capital. The minister also released 9 knowledge documents collated by several experts to provide information on Concentrated Solar Thermal Technology (CST) on the occasion. Speaking […] Read more
Rays Power Infra forays into north India with Opex Model-Rays Solar Kart Updated On Fri, Apr 29th, 2016 by Saurenergy Propagating renewable energy usage and roof top Solar PV, Rays Power Infra forays into north India with its Opex Model-Rays Solar Kart. To begin with Rays Power will endorse Roof Top Solar PV in Delhi and Jaipur region. The company takes on the responsibility of inculcating the significance of roof top solar PV. Rays Power […] Read more
SkyPower appoints Sterling and Wilson to Build 350 MW of Solar projects in India Updated On Fri, Apr 29th, 2016 by Saurenergy SkyPower and Indian solar engineering, procurement and construction (EPC) company Sterling and Wilson has signed agreements for the EPC and operation and maintenance (O&M) of SkyPower’s recently awarded 350 MW (AC) solar projects to be built in India. The construction of the seven 50 MW projects, 150 MW in Madhya Pradesh and 200 MW in […] Read more