SBI Invites RFP for Supply of 2 MW Solar Power for Land in Jaipur Updated On Wed, Nov 23rd, 2022 by Saurenergy The State Bank Of India (SBI) has invited requests for proposals (RFP) for the engagement of PSU/government bodies as a consultant for 2 MW of on-grid solar power plant on a depository work basis at the bank’s land in Mahindra World City, Jaipur. The last date for submitting the bid for this SBI 2 MW […] Read more
SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI Updated On Mon, Nov 21st, 2022 by Saurenergy It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […] Read more
RUMSL Floats Consultancy Tender for Morena Hybrid Project Updated On Wed, Nov 16th, 2022 by Saurenergy Rewa Ultra Mega Solar (RUMSL) has floated a consultancy tender for preparing a detailed project report (DPR) to develop the Morena wind-solar hybrid project with energy storage in Madhya Pradesh. RUMSL is a partnership between Madhya Pradesh Urja Vikas Nigam and the Solar Energy Corporation of India (SECI) to build solar parks throughout the state. […] Read more
Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
Ioniq 5: India’s First Global Battery Electric Platform from Hyundai Updated On Fri, Nov 11th, 2022 by Saurenergy Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of next year, Hyundai Motor India said that it will bring […] Read more
MSEDCL Gives LoA to TPREL for Setting up 150 MW Solar Plant in Maharashtra Updated On Thu, Nov 10th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has awarded the “Letter of Award” (LoA to TPREL) to Tata Power subsidiary Tata Power Renewable Energy for the construction of a 150 MW solar project in Solapur. According to a statement released by Tata Power, the project will be put into service within 18 months of […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Omkareshwar 300 MW Floating Solar Tender Oversubscribed by 700 MW Updated On Mon, Oct 31st, 2022 by Saurenergy Rewa Ultra Mega’s Solar Ltd (RUMSL)- a joint venture between SECI and MUVN, that is to develop 300 MW floating solar project at the Omkareshwar Reservoir at Madhya Pradesh has been oversubscribed. The oversubscription is by 700 MW. The cumulative capacity of the project is 600 MW. That makes it the frontrunner to be the […] Read more
TPCDOL Invites 180 MW Grid-connected Solar Pumps Under KUSUM Yojna – Component C Updated On Thu, Oct 13th, 2022 by Saurenergy A joint venture between Tata Power and Odisha Government, TP Central Odisha Distribution (TPCODL) has floated a 180 MW of tender for 40,000 grid-connected solar pumps under component-C of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Yojna. These grid-connected submersible pumps will be under 1, 2, 3, 5, and 7.5 horsepower (HP). […] Read more