MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
Gensol Commissions 10.6 MW Trident Solar Project In MP Updated On Fri, Mar 22nd, 2024 by Saurenergy Gensol Engineering, solar engineering, procurement, and construction (EPC) company has announced that it has started a 10.6 MW rooftop solar project for Trident group’s Budhni Textile Unit in Madhya Pradesh. According to press release by the company, the project utilises nearly 20,000 545W Longi Hi-MO 5 Bifacial Dual Glass LR5-72HBD modules and is expected to […] Read more
Mahindra Susten Secures 300 MW Solar Project From NTPC With Lowest Bid Updated On Tue, Mar 19th, 2024 by Saurenergy NTPC Limited has declared Mahindra Susten Private Limited one of the winners for its 1500 MW solar tender. Owing to the lowest bid it quoted in the tender, the renewable energy firm was given a share of 300 MW of solar projects. The company is an Independent Power Producer (IPP). This award comes after a […] Read more
SECI Invites Bids For 1200 MW ISTS Solar Projects With 600 MWh ESS Updated On Mon, Mar 18th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released an e-tender inviting bids for a 1200 MW ISTS-connected solar PV power project of 600 MW/1200 MWh Energy Storage Systems (ESS). SECI issued the tender under the Ministry of Power (MoP) guidelines for a tariff-based competitive bidding process. The tender was issued for, long-term procurement of electricity from grid-connected Solar PV power […] Read more
Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost Updated On Fri, Mar 15th, 2024 by Saurenergy Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […] Read more
IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL Updated On Fri, Mar 15th, 2024 by Saurenergy Mumbai-based IndiGrid, an Indian power sector infrastructure investment trust (InvIT), recently announced that it has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL). IndiGrid received this letter to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage System project (BESS) in Gujarat. […] Read more
MSEDCL Releases Tender For 1000 MW Solar Power Project Updated On Thu, Mar 14th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) released a tender inviting long-term bids for procurement from 1000 MW inter/intra-state grid-connected solar power projects through a tariff-based bidding process. MSEDCL document mentioned, “This tender is for purchase of power on a long-term basis through a competitive bidding process. This is to be followed by a reverse […] Read more
MSEDCL Invites Bids For Procurement From 500 MW Hybrid Projects Updated On Thu, Mar 14th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) invited a long-term bid for procurement from 500 MW Inter/intra-state grid-connected wind-solar hybrid projects. This project has a green shoe option of additional capacity of up to 500 MW through a tariff-based bidding process on the e-Bidding portal to mitigate Renewable Purchase Obligation (RPO). The bid document was […] Read more
