Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India Updated On Wed, Nov 14th, 2018 by Saurenergy The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […] Read more
SECI Auction for Maharashtra Park put off Indefinitely Updated On Mon, Nov 5th, 2018 by Saurenergy BENGALURU: Developers’ interest in Solar Energy Corporation of India’s (SECI) auctions hit a nadir when Tata Power Renewable Energy was the sole bidder on Wednesday for an auction for 50 MW at Dhodhainicha Solar Park in Maharashtra. The auction has been put off indefinitely. Last week SECI postponed a 1200 MW hybrid auction – solar […] Read more
Australia May Fetch 50% Power from Renewable Energy by 2025 Updated On Mon, Sep 10th, 2018 by Saurenergy The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […] Read more
Bengaluru Commuters May Travel on Electric Buses in 5 Years Updated On Thu, Aug 30th, 2018 by Saurenergy The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […] Read more
Mytrah Energy Commissions Rooftop Solar Project in Maharashtra Updated On Mon, Aug 27th, 2018 by Saurenergy The institute runs up an annual electricity bill of close to Rs. 15 lakh based on the current tariff followed by Mytrah Energy solar power plant. Leading solar power provider, Mytrah Energy has commissioned the operation of a 103.5 kWh rooftop solar power plant for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra. […] Read more
GAIL Seeks Shareowners’ Nod to Make Solar Power Plants Updated On Sat, Aug 18th, 2018 by Saurenergy GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […] Read more
Viz-A-Viz with S. K. SINGH, National Head (Solar), HPL Electric & Power Ltd Updated On Thu, Aug 16th, 2018 by Saurenergy Q. Please tell our readers more about HPL and its products & services. HPL Electric & Power Limited (HPL) is an established player in the electrical equipment industry. Since 1957 onwards, the company has become well known brand in the switchgear manufacturing. HPL’s product range is divided into four verticals namely – Metering Solutions, Switchgears, […] Read more
