Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender Updated On Thu, Aug 30th, 2018 by Saurenergy Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […] Read more
HC Stays Wind Power Tariff Reduction by APERC Updated On Fri, Aug 24th, 2018 by Saurenergy The ‘tariff reduction’ order is seen making the financial procedures of the wind power generators a cumbersome process. Coming as a relief for the clean energy players, Andhra Pradesh High Court has stayed an Andhra Pradesh Electricity Regulatory Commission’s order reducing tariffs of the wind power projects that received generation based incentives (GBI) from the […] Read more
Viz-A-Viz with Raghvendra Mirji, Associate Vice President & Head – Power Infrastructure & Renewable Energy, Godrej & Boyce Mfg. Co. Ltd. Updated On Mon, Aug 20th, 2018 by Saurenergy Q. Please tell our readers more about Godrej’s solar division, its products & services. Godrej & Boyce, a Godrej Group Company, operates across 14 diverse businesses. Founded in 1897, the company started with the manufacture of high quality locks. It has since diversified into Consumer Goods, Office and Industrial Products & Services, Infrastructure & Real […] Read more
A target of installing 175 GW of renewable energy capacity by the year 2022 has been set Updated On Thu, Jul 19th, 2018 by Saurenergy 100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […] Read more
Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more
A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
