Adani Green Snaps Up 3 GW in 6.4 GW AP Solar Tender Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy has won 5 bids for a combined 3 GW capacity, priced in the range of Rs 2.49 to Rs 2.58/kWh in the recent AP solar tender The widely awaited results of the tender for 6.4GW from the Andhra Pradesh Green Energy Corporation Limited (APGECL) is out, and the results are on expected […] Read more
TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN Updated On Wed, Feb 3rd, 2021 by Saurenergy TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […] Read more
NTPC Seeking Developers for 735 MW Solar Projects in Nokh Solar Park Updated On Wed, Feb 3rd, 2021 by Saurenergy NTPC has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. NTPC Ltd has issued an Invitation for Bids (IFB) seeking developers for setting up 735 MW of solar projects in the Nokh Solar Park in Rajasthan. The projects will be […] Read more
Boralex Announces Closing of the Acquisition of Interests in 7 Solar Plants in US Updated On Wed, Feb 3rd, 2021 by Saurenergy Boralex has announced the closing of the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of CA $277 million (US $215.6 million) after certain adjustments made as per the acquisition agreements. The seven solar plants have a total gross installed capacity of 209 […] Read more
SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon Updated On Wed, Feb 3rd, 2021 by Saurenergy SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […] Read more
Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai Updated On Tue, Feb 2nd, 2021 by Saurenergy Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […] Read more
Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
Adani Green Energy Commissions 100 MW Solar Plants in UP, Ahead of Schedule Updated On Tue, Feb 2nd, 2021 by Saurenergy Adani Green Energy has announced that its subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants in UP. Adani Green Energy Limited (AGEL) has announced that its wholly-owned subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district […] Read more