India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
Viz-A-Viz with Dinesh Chadha, CEO – Electro Control Systems Updated On Thu, May 31st, 2018 by Saurenergy Q. Please tell our readers more about ECS, its products & services. ECS was founded in 1989 and has grown into a multi dimensional organisation. ECS was initially into manufacturing of Electrical power and control/automation panels for various industries such as Paper, cement, utilities, material handling, oil and gas and exports, among others. With the […] Read more
Viz-A-Viz with Manoj Kumar Upadhyay, Founder and Chairman | ACME Group Updated On Mon, May 28th, 2018 by Saurenergy Q. As Madras High Court has dismissed the petition filed against levy of safeguard duty on import of solar modules and cells, how you will deal with the challenges in present scenario? Solar power capacity addition is sensitive to solar tariff. Recent study by KPMG also underscores this fact that at a tariff of Rs.3.0 […] Read more
SB Energy Wins 200 MW Auction in Karnataka Updated On Sat, May 19th, 2018 by Saurenergy The only competitor in the bidding of new projects was Tata Power Renewable Energy. Tata’s bid for the projects was Rs 2.83 per unit, which is one paisa more than that of SB Energy. Auctioned by Solar Energy Corporation of India (SECI), SB Energy has bagged entire 200 MW of solar projects at a tariff […] Read more
Maharashtra Saw Overwhelming Response to 1000 MW Auction Updated On Tue, May 15th, 2018 by Saurenergy Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […] Read more
SECI Invites Bids for 2000 MW Hybrid Projects Updated On Sat, Apr 28th, 2018 by Saurenergy This project is reportedly much larger than the first tender for 16 MW that was issued this January by SECI. The company envisioned setting up a greenfield hybrid project in Andhra Pradesh’s Anantapur district. The results of this bid are yet to be announced. Solar Energy Corporation of India (SECI) is all set to promulgate its […] Read more
