SECI Extends Bid Deadline for 6 GW Manufacturing Linked Tender Updated On Thu, Oct 10th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up 6 GW solar projects linked with 2 GW solar manufacturing plant anywhere in India The Solar Energy Corporation of India (SECI) has announced the extension in the bid submission deadline for its tender for selection of solar power developers for setting up […] Read more
RE Producers can Move NCLT Against Discoms Over Dues: RK Singh Updated On Wed, Sep 11th, 2019 by Saurenergy Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […] Read more
Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing Updated On Tue, Sep 10th, 2019 by Saurenergy Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […] Read more
Payment Dues to Renewable Firms Now at Rs 9735.6 Crore Updated On Mon, Sep 9th, 2019 by Saurenergy The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […] Read more
Future Belongs to Electric Vehicles: UP Transport Minister Updated On Mon, Jul 29th, 2019 by Saurenergy UP transport minister Swatantradev Singh has said electric vehicles are the need of the hour and the future belongs to them. Uttar Pradesh transport minister Swatantradev Singh has said electric vehicles are the need of the hour and the future belongs to them. “Electric vehicles have many advantages. Less consumption of diesel and petrol will not only […] Read more
ReNew Power Raises $300 Million Through Rights Issue Updated On Mon, Jul 1st, 2019 by Saurenergy Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […] Read more
Radite Energy Secures EPC Order from Atha Group Updated On Tue, Jun 25th, 2019 by Saurenergy The company has received this EPC project as part of an extension of 10 MW existing plant of the Kolkata based developer, as confirmed by Radite Energy spokesperson. Gurgaon based Radite Energy has bagged an Engineering, Procurement and Construction (EPC) contract of 1.75 MW capacity from Atha Group. The company has received this EPC project […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
Haryana Open Access Move Shows High Potential From C&I market for Renewables Updated On Wed, May 22nd, 2019 by Saurenergy With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […] Read more
