CRISIL Predicts Rs 1100 Bn in Investments For Wind Capacity Additions by 2023 Updated On Thu, Mar 7th, 2019 by Saurenergy According to a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23). According to numbers recently furnished in a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at an estimated investment cost of Rs […] Read more
CleanMax Solar Installed 1.11 MWp PV Plant at SGPGI; To Save Yearly Rs 60 Lakh Updated On Wed, Mar 6th, 2019 by Saurenergy The installation is expected to generate 15,29,000 kWh per annum and will abate up to 1440 tons of carbon dioxide every year, equivalent to planting 33,855 full grown trees. Country’s one of the leading rooftop solar developer CleanMax Solar has installed 1.11 MWp solar power plant for Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI) […] Read more
EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power Updated On Fri, Mar 1st, 2019 by Saurenergy This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […] Read more
NIT For 1200 MW Wind-Solar Hybrid Projects Tranche-II Updated On Thu, Feb 28th, 2019 by Saurenergy SBE Renewable and Mahoba Solar Private Limited were awarded a total 840 MW capacity of the tendered 1200 MW capacity of the Tranche-I tender. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1200 MW ISTS-Connected Wind-Solar Hybrid Power Projects (Tranche-II) on a […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Solar Crosses 28 GW Mark in India : BTI Updated On Wed, Feb 20th, 2019 by Saurenergy Only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar. India’s total solar energy generation capacity at the end of December, including the 3.85 GW rooftop segment, stood at 28.05 GW according to a report by the […] Read more
CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme Updated On Wed, Feb 20th, 2019 by Saurenergy The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […] Read more
Tender For 175 MW Capacity Solar Projects Issued in Gujarat Updated On Wed, Feb 20th, 2019 by Saurenergy The last date of bid submission is March 11, 2019. The estimated cost of the projects is Rs 711 crore. The Gujarat State Electricity Corporation Limited (GSECL) has issued a tender seeking EPC contractors for setting up of 175 MW cumulative capacity solar PV power projects in the state. The 175 MW tendered capacity will be […] Read more
