MNRE Has A New Secretary, Indu Shekhar Chaturvedi Updated On Sun, Apr 26th, 2020 by Saurenergy Indu Shekhar Chaturvedi, a 1987 batch IAS (Indian administrative service) officer of the Jharkhand cadre, has been appointed as the new secretary of the Ministry of New and Renewable Energy (MNRE). Mr Chaturvedi will take over from Anand Kumar, himself an IAS from the 1984 Kerala cadre. Mr Chaturvedi was earlier the Additional Chief Secretary […] Read more
‘TrinaPro’ Passes with Flying Colors in DNV GL Assessment Report Updated On Sat, Apr 25th, 2020 by Saurenergy China-based one of the leading PV and smart energy solutions provider Trina Solar said that it’s TrinaPro solution has passed the DNV GL’s assessment test and proved as reliable smart photovoltaic (PV) solution. Recently, the module manufacturer has received the Technology Assessment Report for its TrinaPro Smart Solar Solution from DNV GL, a quality assurance […] Read more
SECI Reschedules Pre-Bid Meet for 2 GW Wind Projects Tender for April 30 Updated On Fri, Apr 24th, 2020 by Saurenergy In line with the Central Government’s directive to follow social distancing norms amid Covid-19 crisis, state-owned Solar Energy Corporation of India (SECI) on Friday intimated that it has rescheduled the pre-bid meeting for 2 GW wind projects tender to April 30, 2020, from the earlier scheduled date of April 08, 2020. The nodal agency had […] Read more
Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado Updated On Fri, Apr 24th, 2020 by Saurenergy US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […] Read more
L&T Construction Bags Rs 1,000 – Rs 2,500 Cr Orders from Indian Railways’ SPV for Electrification Updated On Fri, Apr 24th, 2020 by Saurenergy Conglomerate Larsen & Toubro’s construction arm, L&T Construction, has won significant contracts worth Rs 1,000 crore to Rs 2,500 crore for the electrification works from DFCCIL, a special purpose vehicle (SPV) of Indian Railways. The company has won this order through its Railways Strategic Business Unit in consortium with Kyosan Electric Manufacturing, a Japanese company […] 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
Ensure Smooth O&M of ISTS Network During Nationwide Lockdown Updated On Fri, Apr 24th, 2020 by Saurenergy The moP has said that states must ensure smooth O&M of ISTS network and that construction work is allowed for transmission utilities during the lockdown The Ministry of Power (MoP), in view of the extension in the nation-wide lockdown until May 3, 2020, has asked that States/ UTs/ DMs, etc must ensure that there is […] Read more
58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn Updated On Fri, Apr 24th, 2020 by Saurenergy During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […] 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
