100% Electrification in 25 States: RK Singh Updated On Thu, Jan 3rd, 2019 by Saurenergy Now, only about 10.48 Lakh households are left to be electrified in 4 States, Assam, Rajasthan, Meghalaya and Chhattisgarh. By the end of 2018, India has achieved 100% electrification in households in 25 states, The Minister of State for Power and New & Renewable Energy RK Singh said. Now, only about 10.48 Lakh households are […] Read more
Rajasthan Amends Net Metering Regulations Updated On Thu, Jan 3rd, 2019 by Saurenergy The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […] Read more
BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
Sembcorp Signs Deal with Cache Logistics for 7.9 MW Rooftop Plant Updated On Wed, Jan 2nd, 2019 by Saurenergy When fully installed in mid-2019, the system is expected to produce over 9,400 megawatt hours of power annually. Sembcorp Industries and Cache Logistics Trust have announced the signing of a solar power agreement for the installation and operation of rooftop solar farms at three logistics warehouses in Singapore owned by Cache. Sembcorp will install, own […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
New Report from Navigant Research Sheds Light on Microgrid Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Since 2Q 2018, Navigant Research has identified more than 240 additional microgrid projects, representing over 1,239 MW. A new report from Navigant Research presents data on known grid-tied and remote microgrid projects in the planned, developing, and deployed stages across six geographies and seven microgrid segments. Since 2Q 2018,a Navigant Research has identified more than […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project Updated On Sat, Dec 29th, 2018 by Saurenergy The project is known for the country’s first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with it’s turnkey solution including Power […] Read more
