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
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
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
Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia Updated On Mon, Apr 20th, 2020 by Saurenergy The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
