Solar Power Tariff Falls Down to Rs 4.4 per unit in Tamil Nadu Updated On Mon, Feb 20th, 2017 by Saurenergy Solar power tariff in Tamil Nadu drops 40 percent to Rs 4.4 per unit in a year Solar power generation tariff was fixed at Rs 4.40 per unit by TANGEDCO. With this, the tariff came down from Rs 7.10 to Rs 4.40 within a year. The Tamil Nadu Generation and Distribution Cooperation (TANGEDCO) opened the […] Read more
Gujarat HC Seeks Reply to PIL Alleging Corruption in Solar Power Project Updated On Thu, Feb 16th, 2017 by Saurenergy Chief Justice R Subhash Reddy and Justice V M Pancholi have directed Gujarat Power Corporation to file a reply to a PIL alleging corruption of solar power project. The Gujarat High Court has directed Gujarat Power Corporation to file within two weeks a reply to a PIL alleging corruption in construction of country’s largest solar […] Read more
Electricity Utility MSEDCL Blocks Metro Rail’s Solar Power Plan Updated On Thu, Feb 16th, 2017 by Saurenergy Discom MSEDCL refuses to relax the norms for solar power to meet the 65 percent of Nagpur Metro Rail’s energy needs. Mahametro’s plan to meet 65% of Nagpur Metro Rail’s energy needs through solar power has received a jolt as state-run Discom MSEDCL has refused to relax its norms for the project. Maharashtra Electricity Regulatory […] Read more
European Commission Approves French Solar Power and Hydropower Schemes Updated On Mon, Feb 13th, 2017 by Saurenergy European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […] Read more
SECI Gets a Significant Boost to its Credit Rating Updated On Tue, Feb 7th, 2017 by Saurenergy Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […] Read more
Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore Updated On Fri, Feb 3rd, 2017 by Saurenergy NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
Central Electronics Limited invites bids for 100 MW Grid-Connected Rooftop Solar power project Updated On Tue, Jan 24th, 2017 by Saurenergy The rooftop solar will be installed on office buildings and railway stations under zonal railways, using the RESCO model Central Electronics Limited (CEL), a Government of India enterprise, is inviting bids for 100 MW of grid-connected rooftop solar power project. The rooftop solar will be installed on office buildings and railway stations under zonal railways, […] Read more