MERC Approves Tariff of Rs.2.59/kWh for a Hybrid Project Updated On Tue, Aug 18th, 2020 by Saurenergy TPC-D had approached the commission seeking tariff approval The Maharashtra Electricity Regulatory Commission (MERC) at the behest of Tata Power Company Limited (Distribution) (TPC-D) has approved the tariff of Rs.2.59/kWh for evacuation of power from a wind+solar hybrid renewable energy project of capacity 225 MW. The project will be set up in parts in Rajasthan […] Read more
Siemens Gamesa Selected for Adani’s 473 MW Wind Project in Rajasthan Updated On Tue, Aug 18th, 2020 by Saurenergy Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. A 473 MW project in Rajasthan. Siemens Gamesa Renewable Energy, one of the world’s leading wind turbine manufacturers and solutions provider has announced that it has received a firm order from Adani Green Energy […] Read more
Peak Power Demand Slumps to 5.65% in August Updated On Mon, Aug 17th, 2020 by Saurenergy The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July, according to the power ministry data. Peak power demand met, which is […] Read more
Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac Updated On Mon, Aug 17th, 2020 by Saurenergy Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
SECI Awards Only 970 MW of 2 GW Wind Tender, Vena and JSW Winners Updated On Mon, Aug 17th, 2020 by Saurenergy SECI recently concluded the auction for its 2 GW ISTS-connected wind projects tender, awarding 970 MW capacity to Vena Energy (L1) and JSW Energy (L2). The Solar Energy Corporation of India (SECI) recently concluded the auction for its 2 GW ISTS-connected wind projects tender. The nodal agency has awarded only 970 MW capacity to the […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
As BIPV Systems Boom Worldwide, Familiar Challenges in India Updated On Fri, Aug 14th, 2020 by Saurenergy At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
