Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
India Short Circuits Power Sector Imports, As China Shadow Looms Updated On Tue, Jun 23rd, 2020 by Saurenergy With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […] Read more
SECI’s 2 GW Solar Tender Oversubscribed; Another 18.2 GW Capacity in Pipeline till July Updated On Tue, Jun 23rd, 2020 by Saurenergy In the wake of the overwhelming response from solar project developers, state-owned Solar Energy Corporation of India’s (SECI’s) tender for 2 GW of Interstate Transmission System (ISTS) connected solar photovoltaic (PV) project under tranche IX has been over-subscribed by about 2.35 GW, as per the research and advisory services provider firm. According to the report […] Read more
Rs 90,000 Crore Relief Package for Discoms a Non-Starter Updated On Tue, Jun 23rd, 2020 by Saurenergy The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […] Read more
SECI again Extended Bid Submission Date for 4MW Floating Solar plus BESS Tender Updated On Fri, Jun 19th, 2020 by Saurenergy In a series of extensions, the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman has also sought extension once again. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers for […] Read more
MNRE Adds New Mode in ‘Solar Parks and Ultra Mega Solar Power Projects’ Development Scheme Updated On Fri, Jun 19th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has introduced a new mode in its existing guidelines for the implementation of the scheme for the ‘Development of Solar Parks and Ultra Mega Solar Power Projects’. The move came in order to provide a further boost to the development of the renewable energy sector especially solar, […] Read more
Dark Clouds Gathering Over C&I Segment, Says ICRA Updated On Fri, Jun 19th, 2020 by Saurenergy In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
Vestas Bags 48 MW EPC Intertidal Contract from REE Corporation in Vietnam Updated On Wed, Jun 17th, 2020 by Saurenergy Danish wind turbine major Vestas has secured its second full Engineering Procurement Construction (EPC) contract in Vietnam with a 48 MW Tra Vinh V1-3 project from Vietnamese publicly listed company REE Corporation. As per the deal, the onshore wind major will provide a full turnkey solution with delivery, installation and commissioning of 12 x V150-4.2 […] Read more
