Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
India, France ink Renewable Energy Contracts under ISA Umbrella Updated On Fri, Mar 16th, 2018 by Saurenergy In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […] Read more
Tata Power signs MoU with EDF for ‘Smart Grid Tech’ Updated On Thu, Mar 15th, 2018 by Saurenergy Tata Power and Électricité de France shall be jointly demonstrating to help de-carbonise local energy systems and evaluate ‘Smart Grid Technologies’ in India, using innovative solutions. Tata Power Delhi Distribution Limited (TPDDL) has joined hands with Électricité de France (EDF) and its wholly-owned subsidiary Enedis to explore prospective opportunities together, related to ‘Smart Grid Technology’ in […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
IBC Solar Connects 3 Mw Solar Power to the Grid in India under Open Access Updated On Thu, Mar 15th, 2018 by Saurenergy The now inaugurated project is IBC solar’s first solar park under this provision. LNB Renewable Energy executed the complete project development, approvals and transmission line works whereas IBC solar performed the EPC. IBC Solar, German solar systems provider, has widened its business in India. Recently, the inauguration ceremony took place at the plant site in […] Read more
KUSUM Scheme – harnessing solar power for rural India Updated On Thu, Mar 15th, 2018 by Saurenergy Solar water pumps to be installed in remote areas for irrigation needs Farmers can get extra income by selling surplus solar power to DISCOMs The Government of India is in the process of formulating a Scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)’ which, inter alia, provides for: (i) installation of grid-connected solar power plants […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
US Praises India’s Efforts; Looks to Work with ISA in Future Updated On Tue, Mar 13th, 2018 by Saurenergy Sixty countries have signed the agreement to join the alliance which was formally launched jointly by India and France on March 11, 2018 in New Delhi. The United States has lauded India for its efforts in initiating and inaugurating the International Solar Alliance (ISA) and looks to work with the organisation in the future. The ISA is a treaty […] Read more
Modi, Macron Inaugurate Solar Power Plant in UP Updated On Mon, Mar 12th, 2018 by Saurenergy The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […] Read more