ArcelorMittal to Pour ₹1 Trillion into Gujarat’s RE, Steel & Other Projects Updated On Mon, Aug 23rd, 2021 by Saurenergy Luxembourgish multinational steel manufacturer ArcelorMittal is planning to invest Rs 1,00,000 crores in different projects in Gujarat, including its steel plant at Hazira near Surat, a Gujarat government release has said. The release also added, ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal Nippon Steel India (AM/NS India), Dilip Oommen, recently called upon […] Read more
25 MW Floating Solar Plant Commissioned by NTPC in Andhra Pradesh Updated On Mon, Aug 23rd, 2021 by Saurenergy The National Thermal Power Corporation (NTPC) Ltd has commissioned the largest floating solar PV project of 25MW on the reservoir of the Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is the first solar project to be set up under the Flexibilisation Scheme, which was notified by the Government of India in 2018. The solar […] Read more
KERC Sweetens Rooftop Solar tariffs To Rs 4.02/unit to Drive Adoption Updated On Fri, Aug 20th, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission has passed an order on generic solar tariffs for the state. It has hiked solar rooftop tariffs to Rs 4.02, mainly in an effort to increase rooftop solar adoption, an area where the commission felt progress had been tardy. KERC has determined the generic tariff as follows: For grid connected […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar PV Systems for FY22 Updated On Fri, Aug 20th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year i.e. 2021-22 (FY22). Benchmark costs for FY22 for general category states/UTs are as follows: Benchmark costs for Special Category States/UTs (i.e. North-Eastern States including Sikkim, Himachal […] Read more
NHPC Issues 2 Solar Power Tenders For 100 MW And 500 Mw In Tamil Nadu Updated On Fri, Aug 20th, 2021 by Saurenergy Stepping up the pace after its 100 MW floating solar tender early this week, NHPC (National Hydroelectric Power Corporation) has issued two tenders, for a 100 MW and a 500 MW solar project. Both projects are to be located in Tamil Nadu. With these, the pace of solar development returns to Tamil Nadu, after a […] Read more
MSEDCL Issues Tender for 487 MW Solar Projects Under Component A of KUSUM Scheme Updated On Fri, Aug 20th, 2021 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for bids under component A of the KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan) scheme, that has a focus on improving incomes of farmers and generating solar power at the scale. Until now, most of the solar success under KUSUM has been […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
3.5 GW Solar Capacity Added in H1 of 2021 in India, Says Report Updated On Thu, Aug 19th, 2021 by Saurenergy A report by renewable energy research firm JMK Analytics says that India added 3.5 GW of solar capacity in the first six months of the financial year 2022. It places cumulative renewable capacity at 96.95 GW, a figure at variance with government claims of having hit 100 GW. Typically, these differences are accounted for by […] Read more
NHPC Tenders for 100 MW Floating Solar Project in Odisha Updated On Wed, Aug 18th, 2021 by Saurenergy India’s National Hydroelectric Power Corporation (NHPC) Ltd. Has floated a tender for an EPC contract for the development of a 100 MW Floating Solar Project in Odisha. NHPC Ltd. Tender for an EPC contract to develop a 100 MW floating solar project in Odisha. The tender has been issued on the behalf of a joint venture (to […] Read more