L&T Gets Multiple Order To Build Grid Elements In India, Abroad Updated On Mon, Jul 29th, 2024 by Saurenergy Larsen & Toubro (L&T) recently received multiple orders to set up transmission networks and substations in India and abroad. The Power Transmission & Distribution (PT&D) business of Larsen & Toubro recently won new orders to support develop an interconnected electricity network in India and abroad. The Power Transmission & Distribution (PT&D) business vertical of L&T […] Read more
O2 Power, Juniper Green, JSW and Datta Infra Win NTPC 1000 MW Hybrid Tender Award Updated On Mon, Jul 29th, 2024 by Saurenergy NTPC’s 1000 MW Hybrid power tender (NTPC Tranche VI) finally has a winners roster. Leading in terms of allotment is JSW Neo Energy ( 300 MW), O2 Power’s TEQ Green Power IX Pvt Limited ( 250 MW), Juniper Green Energy Private Limited (150 MW), and Datta Infra’s Adyant Enersol Private Limited with a 70 MW […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
SAEL Makes Debut In Global Bond Markets With $305mn Green Bond Updated On Fri, Jul 26th, 2024 by Saurenergy SAEL group has successfully issued its debut US dollar-denominated bonds in the international markets. This bond marks the group’s first issuance in the international capital markets, providing the Company access to a deep, alternative pool of liquidity to complement funds available through domestic Indian lenders, the firm said today. The US$ 305 million green bond […] Read more
SaurEnergy Explains-India’s CSP Plans, China’s CSP Progress Updated On Thu, Jul 25th, 2024 by Saurenergy Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put the focus back on a solar based technology that has […] Read more
PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push Updated On Thu, Jul 25th, 2024 by Saurenergy The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
India Needs 100 GW Storage To Avoid Energy Shortages: Report Updated On Wed, Jul 24th, 2024 by Saurenergy In a report that goes against the actions of the Indian government (more thermal, faster deployment of PSP), Berkeley has made a case for solar and battery storage to solve the country’s power demand issue. Solar plus storage can not only help to avoid power shortages in India but also help to prevent a solar […] Read more
GIB Row: MERC Allows Compensation To Azure Power Subsidiary Updated On Wed, Jul 24th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest order ordered compensation to a subsidiary of Azure Power in the light of judgement of the Supreme Court on the issue of Great Indian Bustards (GIB). This comes after the Azure Power Thirty Four Private Limited (APTFPL) moved the State Commission, seeking compensation. The petitioner had […] Read more