Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender Updated On Mon, Jul 30th, 2018 by Saurenergy The deadline of the bid submission has been extended up to September 4, 2018. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender of 150 MW grid connected floating solar power project to be installed at Rihand Dam, Uttar Pradesh. The deadline of the bid submission has been […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
Goa Legislator Seeks Law Mandating Solar Panels on Hotel’s Rooftop Updated On Sat, Jul 28th, 2018 by Saurenergy Similar stress was given by the opposition Congress party MLAs to install the solar panels not only on the hotels but also on the government buildings which would help power generation. To solve the electric power disruptions in the state, Deputy Speaker of Goa Legislative Assembly, Michael Lobo said during the ongoing session that the […] Read more
UP Govt Cancels 1 GW Solar PV Projects Auction on Higher Tariffs Updated On Sat, Jul 28th, 2018 by Saurenergy The auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw a high tariff rate bidding by the participants and it will go for re-bidding. Weighed down by higher solar tariffs up to Rs 3.48 per unit, the Uttar Pradesh Government has decided to cancel the auction for 1 GW of […] Read more
Georgia Power Invites Bids for over 100 MW New Solar DG Projects Updated On Fri, Jul 27th, 2018 by Saurenergy The company has invited interested players to review the terms of the RFP and to submit detailed projects by August 15. Georgia Public Service Commission (GPSC) approved Renewable Energy Development Initiative (REDI) got another boost as Georgia Power has invited bids for more than 100 MW of new solar distributed generation (DG) projects. Georgia Power […] Read more
‘Funneling’ Technique 3-Times More Efficient to Tap Solar Power Updated On Fri, Jul 27th, 2018 by Saurenergy The technique involves ‘funneling’ of sunlight directly on to the power cells with least wastage. Scientists from the University of Exeter, England have developed a new technique to harness solar energy more efficiently. The technique involves ‘funneling’ of sunlight directly on to the power cells with least wastage. The technique is said to be three […] Read more
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
