PGCIL Issues Transmission Line Package Tender for Evacuating 8.1 GW Solar Energy in Rajasthan Updated On Fri, Apr 24th, 2020 by Saurenergy State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for transmission line package TW01 for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document that “Transmission Line Package TW01 for Ramgarh-II SEZ PP-Fatehgarh-II 400kV D/c line (Twin HTLS with […] Read more
‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more
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
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more
MNRE Releases Draft Standards for Utility Grid Inverters Updated On Thu, Apr 23rd, 2020 by Saurenergy In a key development, the Ministry of New and Renewable Energy (MNRE) has released the draft standards for “Technical requirements for Photovoltaic Grid Tie Inverters to be connected to the Utility Grid in India”. The notice calls upon industry stakeholders to provide their feedback and comments latest by April 30, 2020 for these standards, before […] Read more
SECI Seeks Online Submission of Pre-Bid Queries for 15 MW Floating Solar Tender Updated On Thu, Apr 23rd, 2020 by Saurenergy SECI has asked all the prospective bidders for its tender for 15 MW floating solar plants at SCCL, Telangana to submit their pre-bid queries online. The Solar Energy Corporation of India (SECI) has issued a notification asking all the prospective bidders for its tender for the selection of bidders for the design, engineering, supply, construction, […] Read more
EDF to Develop Integrated Solar, Storage and EV System for Cubic Corp Updated On Thu, Apr 23rd, 2020 by Saurenergy EDF will design, build, own and operate an integrated energy system consisting of solar, storage and EV charging stations at no up-front costs for Cubic EDF Renewables North America has announced that it has finalised an agreement with Cubic Corporation to design, build, own and operate an integrated energy system consisting of solar, storage and […] Read more
I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni Updated On Thu, Apr 23rd, 2020 by Saurenergy I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan 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
