Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
Land, Policies & Payment Delays a few Issues RE Developers Face in India Updated On Fri, Feb 7th, 2020 by Saurenergy Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […] Read more
Soltage and Basalt Enter Oregon Market With 40 MW Solar Portfolio Updated On Wed, Feb 5th, 2020 by Saurenergy Soltage and Basalt managed funds have announced their entrance into the Oregon power market with a 40 megawatt (MW) solar portfolio. Soltage, a leading independent power producer, and Basalt managed funds have announced their entrance into the Oregon power market with a 40 megawatt (MW) solar portfolio. The first 10 MW solar facility was energised in December 2019 and the remaining 30 MW capacity is […] Read more
NHPC Tenders for Enlistment of EPC Vendors for Solar Projects Updated On Mon, Jan 27th, 2020 by Saurenergy NHPC Ltd has issued an NIA for the enlistment of EPC vendors/ bidders for the development of solar power projects of NHPC Limited. NHPC Ltd has issued a Notice Inviting Applications (NIA), inviting bids from eligible vendors/ bidders for the enlistment of EPC vendors/ bidders for the development of solar power projects of NHPC Limited. […] Read more
Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan Updated On Fri, Jan 10th, 2020 by Saurenergy Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […] Read more
PGCIL Tenders for Transformer Package for Kurnool Wind/Solar Energy Zone Updated On Thu, Jan 2nd, 2020 by Saurenergy PGCIL has issued a tender for setting up of a 400KV transformer package at Kurnool-III PS for the Kurnool Wind/ Solar Energy Zone in Andhra Pradesh The Power Grid Corporation of India (PGCIL) has issued a tender for setting up of a 400KV transformer package TR-25 for 4 x 500 MVA, 400/220 kV, 3-Phase ICTs […] Read more
47.86 GW of Renewable Capacity Installed in India Over Last 6 Years Updated On Fri, Dec 13th, 2019 by Saurenergy RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […] Read more
CERC Approves Rs 2.77/kWh Tariff for 1200 MW Wind Projects Updated On Wed, Dec 11th, 2019 by Saurenergy CERC has given its go-ahead for the 1200 MW wind projects tendered by SECI and approved the tariff rate of Rs 2.77 per kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification has given its go-ahead for the 1200 MW wind projects tendered by the Solar Energy Corporation of India (SECI) and approved […] Read more
