Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] Read more
Delhi Govt Aims to Generate over 2 GW of Solar Power by 2025 Updated On Tue, Jul 24th, 2018 by Saurenergy Further, the Energy Efficiency and Renewable Energy Management Centre (EE&REM), Delhi’s Department of Power has organised a consultation workshop ‘Rooftop Solar Demand Aggregation Program for Domestic Consumers’, with an aim to achieve this 2 GW of solar power goal and understand the opportunities and challenges in aggregating the consumer demand. In a bid to generate over 2 […] Read more
NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat Updated On Fri, Jul 20th, 2018 by Saurenergy In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […] Read more
Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
NIWE, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast Updated On Thu, Jul 19th, 2018 by Saurenergy Developers are encouraged to deploy most advanced technologies IREDA, a non-banking financial institution under the Ministry has conducted studies with foreign assistance during the last three years and current year Most of renewable energy projects in the country are being implemented by the private sector developers selected through a transparent bidding process. In order to […] Read more
A target of installing 175 GW of renewable energy capacity by the year 2022 has been set Updated On Thu, Jul 19th, 2018 by Saurenergy 100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
Madhya Pradesh CM Inaugurated NTPC’s Rs 1,500 Crore Solar Power Plant Updated On Thu, Jul 12th, 2018 by Saurenergy The solar power project was commissioned in June 2017 and generated electricity is being supplied for consumption in Madhya Pradesh, the sole beneficiary. In the area of Suwasra in district Mandsaur of Madhya Pradesh, Chief Minister Shivraj Singh Chauhan inaugurated NTPC’s 250 MW solar plant for the state consumers. The total investment for setting up the […] Read more
