NLC Tamil Nadu Power Limited to establish 200 megawatt solar power plant in Thoothukudi Updated On Thu, Mar 31st, 2016 by Saurenergy The NLC Tamil Nadu Power Limited (NTPL) has announced to launch a new solar power plant with a capacity of 200 megawatt in Thoothukudi. Sathiyanarayanan, Chief Executive Officer, NTPL, said that the power plant will be established over an area of 1,200 acres spread over Paraikuttam, Melapandiapuram and Muraman near Maniyachi. Techno-commercial feasibility study is […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Solar to operate the complete Vizag Port from March Updated On Thu, Feb 11th, 2016 by Saurenergy After all the fizz, chairman M T Krishna Babu clarifies that the Vizag port of Andhra Pradesh will run its entire operations on solar power from next month. Visakhapatnam Port Trust has already commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said at a roadshow here ahead of […] Read more
ACME Fixed 140MW Solar Power Project in Haryana Updated On Wed, Feb 3rd, 2016 by Saurenergy ACME, one of the solar power generators has secured 140MW out of 150MW Solar Project in Haryana at the tariff of Rs 5 per unit. Under the renewable purchase obligations (RPO) scheme, the company likewise to sell the generated power to Haryana Bijli Vitran Nigam Ltd. from the following year. ‘The company is yet to […] Read more
ENGIE Fixes Big Deal of Solar amid France Prez Visit Updated On Wed, Jan 27th, 2016 by Saurenergy Steep fall is reckoned in the solar energy prices and grid parity in India. Through its Indian body Solairedirect, ENGIE has won 140 MW solar energy projects located at two sites of 70 MW each in India’s State of Rajasthan. With growing competition and shoulder bidding among 22 Indian and international contractors clearly asserts the […] Read more
India Aims to Enforce 2 GW Solar Power Capacity by this Financial Year Updated On Tue, Jan 19th, 2016 by Saurenergy After a major milestone of solar energy production reached by India, Latest report cites that around 2GW of solar power capacity is expected to foster by the last financial quarters. Between January and March 2016, major facilities have been identified across four states – Tamil Nadu, Madhya Pradesh, Andhra Pradesh, and Telangana. India has already […] Read more
Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC) Updated On Thu, Jan 7th, 2016 by Saurenergy Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […] Read more
