Germany is providing soft loan to the tune of Euro 1 billion for India’s ‘Green Energy Corridors’: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Thursday in Lok Sabha said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including Intra-State and Inter-State transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-State Transmission […] Read more
World Bank Study has pegged India’s Energy Efficiency Market at Rs. 1.6 Lakh Crores: Piyush Goyal Updated On Fri, Dec 16th, 2016 by Saurenergy Union Minister for State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday in a written reply in Lok Sabha today, said that a World Bank study has pegged India’s Energy Efficiency Market at Rs. 1.6 Lakh Crores. World Bank’s study titled, ‘Utility Scale DSM Opportunities and […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
Kochi Corporation to set up solar cell and tap renewable Updated On Thu, Dec 15th, 2016 by Saurenergy Kochi Corporation has decided to set up a solar cell to coordinate the Solar City projects. The Ministry of New and Renewable Energy has allocated Rs 19 lakh for setting up the team and infrastructure for solar cell. Dr Rajan Chedambath, Director, Centre for Heritage, Environment and Development (CHED), Kochi Corporation said, “The cell will […] Read more
Indian Government sanctions Rs 30 crore for solar cities programme Updated On Thu, Dec 15th, 2016 by Saurenergy Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme. These funds were sanctioned during the last three years till November 30 this year. Out of the total sanctioned amount of Rs 30.36 crore under the ‘Development of Solar Cities Programme’ for 21 states […] Read more
Infrastructure Delays Affecting Large-Scale Solar Project Development in India: Mercom Capital Updated On Tue, Dec 13th, 2016 by Saurenergy Modi government has set a 100GW target for solar power by 2022, out of which 20GW has been allocated to solar parks. India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated. Currently, there are 34 […] Read more
Solar Water Pumping System Market in India to Grow at a CAGR of 18%: Research and Markets Updated On Tue, Dec 13th, 2016 by Saurenergy Research and Markets in its latest report “India Solar Water Pumping System Market (2017-2022) forecasts the Indian solar water pumping system market to grow at a CAGR of 18% during FY 2017-2022 Currently, 26 million agricultural pumps are installed in India of which nearly 7 million pumps are diesel based and remaining are grid connected. However, due to unreliable […] Read more
This is How Industry reacted to Amplus’ recent announcement of Rs.3/unit tariff for solar power Updated On Tue, Dec 13th, 2016 by Saurenergy Amplus Energy Solutions recently announced that it has bagged a bid to install 14.5 MW of solar rooftop plants across 10 states. The company in a statement said that it will offer tariffs at a record low of Rs. 3/unit in three states and Rs. 5.3—6.2/unit in other states in India. However, the report did […] Read more
PTC India aims to infuse Rs. 600cr into PTC Energy, eyes generating 300MW renewable energy: Report Updated On Mon, Dec 12th, 2016 by Saurenergy PTC India is reportedly planning to pump-in Rs. 600crore into PTC Energy to generate 300MW renewable energy by March under the wholly-owned subsidiary. A senior company official with the power trading company speaking to Moneycontrol said “We will capitalise it to set up another 250 MW capacity. Our objective is to make it a 300 […] Read more
