Powerica Ltd Entitled To Compensation Due To Rise of GST Rates Post-Contract, Rules CERC Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory body also ordered compensation to the wind energy company on […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
NLC Issues Tender for 200 MW ISTS Connected Solar Project Updated On Tue, Apr 11th, 2023 by Saurenergy Neyveli Lignite Corporation Limited (NLC) has invited tenders for setting up of 200 MW Solar Power Project that will be ISTS connected on a pan-India basis. The developer will also have to provide three years’ of O&M services. The bid guarantee has been kept at Rs 5.47 crore. The last date of submission is May […] Read more
NTPC Invites Bids for EPC Package for 300 MW Solar PV Project at Khavda Power Park Updated On Tue, Apr 11th, 2023 by Saurenergy India’s largest energy conglomerate NTPC has issued a tender for EPC package for 300 MW solar PV project at Khavda Renewable Energy Power Park, Rann of Kutch. The tender fee is INR 22500. The EMD is INR 200000000. The document download start date is 14.04.2023 at 9:00 AM. Document download end date is 05.05.2023 at […] Read more
SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities Updated On Mon, Apr 10th, 2023 by Saurenergy With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’. The program sets sights on climate adaptation and mitigation at the center to all […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
WIKA India Switches On Solar Power For All Its Factories Updated On Mon, Apr 10th, 2023 by Saurenergy WIKA India, a firm that delves in pressure, temperature, level, force, and flow measurement, as well as in calibration, has announced the installation of solar panels for its Ghaziabad factory. The firm says that with this initiative, all four of its factories across India have switched on solar power, implying big step towards sustainability. The […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
Himachal Pradesh Invites Bids for 10 MW (AC) Aghlor Solar Power Project Updated On Mon, Apr 10th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited HPPCL invites bids/ tender through e-tendering process from eligible bidders for 10 MW (AC) Aghlor Solar Power Project. Open national competitive bidding will be conducted in accordance with the bidding procedure and for procurement of the Facilities as per the requirements specified in the bidding document (hereinafter also referred to as […] Read more
