ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh Updated On Fri, May 1st, 2020 by Saurenergy ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […] Read more
ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Wpd Enters 600 MW Offshore Wind JV to bid in Taiwanese Tender Updated On Wed, Apr 29th, 2020 by Saurenergy wpd has formed a JV with Taiwanese LeaLea Group, to develop a 600 MW offshore wind farm which is expected to be part of the third tender round in Taiwan. With several contracts, wpd is strengthening its presence and activities in Taiwan and intensifying its focus on this emerging energy market. Ahead of future tender […] Read more
MoP Extends Deadline for Comments on Draft Electricity Bill 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy MoP has extended the deadline for submission of comments/ suggestions by the industry stakeholders on the draft Electricity (Amendment) Bill 2020. The Ministry of Power (MoP) has written to all interested stakeholders i.e. CEA, CERC, state governments, Discoms, etc. informing them of the extension in the deadline for submission of comments/ suggestions on the draft […] Read more
SECI Reschedules Pre-Bid Meet for 2 GW Wind Projects Tender for April 30 Updated On Fri, Apr 24th, 2020 by Saurenergy In line with the Central Government’s directive to follow social distancing norms amid Covid-19 crisis, state-owned Solar Energy Corporation of India (SECI) on Friday intimated that it has rescheduled the pre-bid meeting for 2 GW wind projects tender to April 30, 2020, from the earlier scheduled date of April 08, 2020. The nodal agency had […] Read more
PGCIL Issues Transmission Line Package Tender for Evacuating 8.1 GW Solar Energy in Rajasthan Updated On Fri, Apr 24th, 2020 by Saurenergy State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for transmission line package TW01 for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document that “Transmission Line Package TW01 for Ramgarh-II SEZ PP-Fatehgarh-II 400kV D/c line (Twin HTLS with […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
Sterlite Power Commissions 765KV Khandwa Substation in MP Updated On Thu, Apr 23rd, 2020 by Saurenergy Few days after commissioning of Rs 1,027 crore Gurgaon Palwal Transmission Project (GPTL), Sterlite Power has now commissioned 765kV Khandwa substation in Madhya Pradesh (MP). This Khandwa substation is part of the company’s Khargone Transmission Limited (KTL) project, which will play an important role in stepping down the high voltage 1,320 MW power from Khargone […] Read more
