NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push Updated On Tue, Jan 4th, 2022 by Saurenergy Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […] Read more
Sterling and Wilson Renewable Energy Limited Welcomes Reliance As Promoter Updated On Tue, Jan 4th, 2022 by Saurenergy In a formal confirmation of its deal with Reliance New Energy Solar (RNESL), Sterling and Wilson Renewable Energy Limited (SWREL) has announced the completion of transactions that enables the Reliance group to join as promoter group. This has happened after the Reliance group paid the balance Rs 1583 crore for the buyout of 25.90 percent […] Read more
MT- MA&AS – Renewable Updated On Thu, Dec 30th, 2021 by Saurenergy Planning:- Detail engagement scope and procedures for respective units/ domains leveraging understanding of the business Document audit checklist and work execution program document in consultation with the respective BU audit lead Conduct process walkthrough and develop comprehensive understanding of auditee systems and processes Work in collaboration with analytics executives and provide them necessary data points […] Read more
Adani Transmission Wins RE Evacuation Projects in Tamil Nadu & Gujarat Updated On Tue, Dec 28th, 2021 by Saurenergy Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received Letters of Intent (LoI) for the acquisition of two renewable energy evacuation systems: Karur Transmission Ltd. in Tamil Nadu and Khavda-Bhuj Transmission Ltd. in Gujarat. Accordingly, ATL will build, own, operate and maintain the transmission projects […] Read more
Japan selects Mitsubishi Corp-led consortiums for 3 offshore wind projects Updated On Mon, Dec 27th, 2021 by Saurenergy Japan’s industry and land ministries have selected three consortiums, all led by Mitsubishi Corp, as the operators for three offshore wind power projects in Akita, northern Japan, and Chiba, near Tokyo, they said on Friday. The announcement is the second set of results of government auctions for offshore blocks under a new law to promote […] Read more
Amp Energy Commissions 13.5MW Solar Power Project in Maharashtra Updated On Mon, Dec 27th, 2021 by Saurenergy New Delhi-based Amp Energy India has recently commissioned a 13.5 MW solar power project for cement manufacturer Orient Cement. The 13.5 MW project will supply solar power to Orient Cement’s manufacturing facility in Maharashtra from Amp’s open access facility in Gurgaon village, district Osmanabad in the state. Orient Cement has signed a Power Purchase Agreement (PPA) […] Read more
New EU Rules On Energy Projects Focus on Flexibility, Climate Change Updated On Fri, Dec 24th, 2021 by Saurenergy The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG). to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […] Read more
SJVN and DVC Ink MoU For Floating Solar Energy Projects Updated On Fri, Dec 24th, 2021 by Saurenergy Continuing the PSU push into solar, SJVN Limited has entered into a MoU (Memorandum of Understanding) with Damodar Valley Corporation (DVC) for harnessing potential Solar Energy of about 2000 MW available under the DVC Command Area. SJVN and DVC will jointly identify suitable water-bodies and available land under the SJVN and DVC command area for […] Read more
REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
