Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka Updated On Thu, Nov 3rd, 2022 by Saurenergy ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Karnataka Power Corp Floats O&M Tender for 1.15 MW in Bengaluru Updated On Fri, Oct 14th, 2022 by Saurenergy Karnataka Power Corporation Ltd. (KPCL) has floated a tender for the operation and maintenance (O&M tender) of 1.15 MW capacity (AC). This 1.15 MW solar power plant is a floating solar plant installed at YCCPP Raw Water Pond, Bengaluru. The last date for submitting the online bid is October 28, 2022, till 4:00 pm and […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
IRCON Renewable Power Invites Bids for 500 MW Solar Project in Karnataka Updated On Tue, Aug 30th, 2022 by Saurenergy IRCON Renewable Power (IRPL) has floated a tender for engineering, procurement, and construction (EPC) work with a 220 kV substation for 500 MW of grid-connected solar power projects at Pavagada in Karnataka. The last date for submitting the online bid is September 20, 2022, and the bids will be opened on the same day. This […] Read more
O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW Updated On Thu, Aug 25th, 2022 by Saurenergy Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […] Read more