NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come Updated On Wed, Apr 22nd, 2020 by Saurenergy The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
EESL Tenders for 19 Lakh LED Street Lights Under SLNP Updated On Tue, Apr 21st, 2020 by Saurenergy EESL has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works across India under the SLNP. The Energy Efficiency Services Limited (EESL) has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works at Telangana Gram […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Five Winners in NHPC’s 2 GW Solar Power Projects Tender Updated On Fri, Apr 17th, 2020 by Saurenergy Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […] Read more
IL&FS Completes Sale of its Wind Power Service Amid Lockdown Updated On Fri, Apr 17th, 2020 by Saurenergy IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly-owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and […] Read more
Impact of COVID-19 on Operational Projects and Rooftop Solar: Report Updated On Thu, Apr 16th, 2020 by Saurenergy COVID-19 has had a limited impact on the operational wind and solar power projects while rooftop solar projects have been the most adversely affected COVID-19 has had a limited impact on the operational wind and solar power projects as it depends on natural resources, i.e. wind and sunlight which has not been disrupted while at […] Read more
