Azure Power Announces 29% Gain in Revenue For FY 2018-19 Updated On Wed, Jun 12th, 2019 by Saurenergy Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
ITI Issues EoI EV Charging Infrastructure Operations Centre Updated On Thu, Jun 6th, 2019 by Saurenergy ITI Ltd., on behalf of MSEDCL, has invited bids for the implementation of Electrical Vehicle Charging Infrastructure Operation Centre. The Indian Telephone Industries (ITI) Ltd., on behalf of the Maharashtra State Electricity Distribution Company Limited (MSEDCL), invited bids from eligible bidders for the tender for the implementation of Electrical Vehicle Charging Infrastructure Operation Centre. The […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Only Two Bidders For SECI’s 1200 MW Hybrid Tender Updated On Tue, May 21st, 2019 by Saurenergy Adani Green Energy won the tender with the L1 bid of Rs 2.69/kWh for developing 600 MW capacity. The Solar Energy Corporation of India’s (SECI) latest tranche of 1200 MW wind-solar hybrid tender was left undersubscribed by 300 MW after only two bidders submitted bids for the project. Adani Green Energy and ReNew Power were […] Read more
Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue Updated On Mon, May 20th, 2019 by Saurenergy If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
SECI Extends Deadline For 3 GW Manufacturing Linked Tender Updated On Wed, May 15th, 2019 by Saurenergy The deadline for submission has been extended from May 14, 2019, to May 31, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
