Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka Updated On Mon, Feb 7th, 2022 by Saurenergy Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […] Read more
Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Singareni Collieries Will Install 1,000 MW Solar Power Plants In Telangana Updated On Fri, Feb 4th, 2022 by Saurenergy The renewable quest of Telangana has received a shot in the arm with Singareni Collieries Company Limited (SCCL) – one of the key players in the energy sector in that part of the country – coming up with plans for a massive solar power push. In a fresh development, the company is mulling to establish […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
Dalmia Cement Bharat Increases Solar Capacity to 17 MW Updated On Thu, Feb 3rd, 2022 by Saurenergy The Rs 10510 crore turnover (2020-21) Dalmia Cement (Bharat) Limited (DCBL), an Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited, has increased its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha. Spread over 49 acres, the solar power plant is expected to generate 25.52 MU/PA, to be […] Read more
SECI Announces Results of 1800 MW of Solar, Wind Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […] Read more
