Tangedco Gets Approval to Float Solar and Wind Tenders Updated On Thu, Nov 22nd, 2018 by Saurenergy The tenders will be floated in December and the companies taking part in the bidding will have one year to commission the project. Tamil Nadu Generation and Distribution Corporation (Tangedco) has revieced an approval from the Tamil Nadu Electricity Regulation Commission (TNERC) float solar and wind power tender for the financial year 2018-19. The tenders […] Read more
JinkoSolar Ranked Top Brand for Debt-Financed Projects by BNEF Updated On Thu, Nov 22nd, 2018 by Saurenergy Among 57 module brands, JinkoSolar stood out as the top contender on parameters such as product quality, long term reliability, field deployment performance etc,. JinkoSolar has been ranked as the top solar brand used in Debt-Financed Projects and has also been named as the most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF). Among […] Read more
Radite Energy Bags 65 MW Project From Azure Power in Rajasthan Updated On Thu, Nov 22nd, 2018 by Saurenergy This is the fourth project which Radite Energy has bagged from Azure power. The previous projects were in Andhra Pradesh, Gujarat and Karnataka. Radite Energy, a complete turnkey solution provider for solar energy in India, has secured 65 MW project in Bhadla, Rajasthan from Azure Power. This is the fourth project which Radite Energy has […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
ONGC Issues Tender for a 5 MW Solar Project in Andhra Pradesh Updated On Fri, Nov 16th, 2018 by Saurenergy ONGC tender document will be on sale from 10th November till 5th December. The bidding will take place on 5th December. Country’s leading stat-run oil giant, Oil and Natural Gas Corporation Limited (ONGC) has floated a tender for a 5 MW grid connected solar project which will be built at its Tatipaka site in Andhra […] Read more