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
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
Andhra Leads In Country With The Highest Installed Capacity of Solar Parks Updated On Mon, Apr 10th, 2023 by Saurenergy The southern Indian state of Andhra Pradesh has emerged as the leading state in India when it comes to installed solar energy capacity from solar parks. The Minister of New and Renewable Energy RK Singh, recently shared the data before Rajya Sabha. As per the minister’s written statement before the House, Andhra Pradesh has a […] Read more
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
PFC Backs Vibrant Energy With Over INR 2,200 Cr Funding For 300 MW Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy An owner and developer of corporate renewable energy solutions, Vibrant Energy, has secured more than INR 2,200 crores of project financing from Power Finance Corporation Ltd. (PFC). This funding will aid the firm in establishing 300 MW (AC) of wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy claims this financing will be among […] Read more
KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […] Read more
CERC Adopts SECI’s Agreed Tariff For 1200 MW Wind-Solar Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) on Thursday adopted the individual tariffs as decided by the Solar Energy Corporation of India Ltd (SECI) for its 1200 Megawatt (MW) of Wind-Solar Hybrid Power Projects (Tranche-IV). These projects will be connected to the Inter-State Transmission System (ISTS). SECI issued the Request for Selection (RfS) for these projects […] Read more
Iberdrola to Advance Renewable Energy Projects in Mexico Updated On Thu, Apr 6th, 2023 by Saurenergy Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have joined hands to give a push to renewable energy in Mexico. Iberdrola is a Spanish multinational electric utility company. MIP is an independent Mexican fund manager of alternative investment vehicles, such as promoting energy and infrastructure in Mexico. The announcement about the MoU signed between the two […] Read more
IndiGrid Commissions First Battery Energy Storage Project Updated On Thu, Apr 6th, 2023 by Saurenergy IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […] Read more
