ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
NTPC Invites Applications For Enlistment of Wind Energy Developers Updated On Thu, Feb 21st, 2019 by Saurenergy The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […] Read more
We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha Updated On Wed, Feb 20th, 2019 by Saurenergy Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […] Read more
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more
CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme Updated On Wed, Feb 20th, 2019 by Saurenergy The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […] Read more
Amazon to Rely on RE to Cut Carbon Footprint Updated On Tue, Feb 19th, 2019 by Saurenergy Amazon is calling its program “Shipment Zero,” and plans to publicly publish its carbon footprint for the first time later this year. Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. The online retail giant announced plans to make half of all its shipments carbon neutral by 2030. […] Read more
Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan Updated On Tue, Feb 19th, 2019 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Component-B: […] Read more
An EV Charging Station Every 25 KM in India planned Updated On Mon, Feb 18th, 2019 by Saurenergy The ministry has made amendments to the Model Building Bye-laws (MBBL) 2016 and Urban Regional Development Plans Formulation and Implementation (URDPFI) Guidelines 2014, making provisions for establishing EV charging infrastructure. The government has issued a set of guidelines to set up charging stations for electric vehicles across the country, outlining ways to build such fuelling […] Read more
Innovation, Cooperation, and More at SECI’s Pre-Bid Meet for 7.5GW Leh-Kargil Tender Updated On Mon, Feb 18th, 2019 by Saurenergy At the pre-bid meeting called by SECI for the massive 7.5GW Leh-Kargil tender, interested bidders and a whole lot of other curious people turned up to know more. Pre-bid meetings for large projects are usually a place to get the nitty-gritty sorted and out of the way. Or in some cases, obvious mistakes or conditions […] Read more