Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
Another 1 Month Extension for SECI’s 15 MW Floating Solar Tender in Himachal Updated On Tue, Feb 16th, 2021 by Saurenergy SECI has now, for the 8th time, extended the bid deadline for its tender for 15 MW floating solar plant at the Nangal Pond in Himachal The Solar Energy Corporation of India (SECI) has now, for the eighth time, extended the bid submission deadline for its tender for the selection of a project developer for […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
The 2021 Roadmap For Solar Updated On Thu, Feb 11th, 2021 by Saurenergy With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […] Read more
Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
Dexler Energy to Develop 13 MW Rooftop Solar Plants for Sunvik Steels Updated On Tue, Feb 9th, 2021 by Saurenergy Sunvik Steels has partnered with Dexler Energy to develop rooftop solar plants of 13 MW capacity across 2 facilities of Sunvik near Bangalore Sunvik Steels, an integrated steel manufacturer in India has announced that it has partnered with Dexler Energy for its solar power plans. Dexler has been selected to develop the rooftop solar plants […] Read more
No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3 Updated On Thu, Feb 4th, 2021 by Saurenergy The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3. The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […] 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