PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy Updated On Mon, Jul 3rd, 2023 by Saurenergy PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more
ReNew Energy Commissions 27.2 MW Hybrid Renewable Project For Toyota Kirloskar Updated On Fri, Jun 30th, 2023 by Saurenergy Toyota Kirloskar Motor (TKM) has inaugurated a 27.2 MW group captive solar and wind renewable energy project, established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKM’s existing solar plant. The green power generated through this project will be exclusively channelled to TKM, […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
Power & Energy Consultants Wins 800 MW Solar Park Project in Uttar Pradesh Updated On Wed, Jun 28th, 2023 by Saurenergy Power & Energy Consultants India, which delves into energy consultancy services, has bagged a consultancy contract by TUSCO for an 800 MW ultra-mega solar power park in Chitrakoot, Uttar Pradesh. The consultancy will be responsible for coming up with a feasibility-cum-detailed project for the 800 MW project won through competitive bidding. The firm bagged the […] Read more
SECI Announces NIT for 800 MW RTC Power For Haryana Updated On Mon, Jun 26th, 2023 by Saurenergy SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
Final Rules For Indian Carbon Credit Market Within 15 Days: Govt Updated On Thu, Jun 22nd, 2023 by Saurenergy Higher officials from the Ministry of Power today claimed that the final rules to govern the Indian Carbon Credit Market are expected to be out in the next 15 days. The officials said that after exhaustive consultations with the stakeholders, the ministry is set to come out with the final rules. It comes after the […] Read more
NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
