SECI Extends Deadline for 15 MW Floating Solar Tender Updated On Thu, Aug 20th, 2020 by Saurenergy SECI has once again extended the bid submission deadline for its tender for 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for the selection of solar power developers for setting up of 15 MW grid-connected […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus Updated On Mon, Aug 17th, 2020 by Saurenergy PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […] Read more
SECI Awards Only 970 MW of 2 GW Wind Tender, Vena and JSW Winners Updated On Mon, Aug 17th, 2020 by Saurenergy SECI recently concluded the auction for its 2 GW ISTS-connected wind projects tender, awarding 970 MW capacity to Vena Energy (L1) and JSW Energy (L2). The Solar Energy Corporation of India (SECI) recently concluded the auction for its 2 GW ISTS-connected wind projects tender. The nodal agency has awarded only 970 MW capacity to the […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
NHDC Tenders for 25 MW Floating Solar Park in Madhya Pradesh Updated On Tue, Aug 11th, 2020 by Saurenergy NHDC has issued a tender, for eligible firms to take up the EPC work for 25 MW floating solar power park at the Omkareshwar reservoir in Madhya Pradesh NHDC Limited, a JV company of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender, inviting bids from eligible firms for taking up the […] Read more
Seraphim inks 150 MW Module Supply Agreement With Raystech at SNEC 2020 Updated On Tue, Aug 11th, 2020 by Saurenergy Seraphim has entered into a 150 MW photovoltaic module supply agreement with Raystech Group at SNEC 2020 in Shanghai. Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar product manufacturers, entered into a 150 MW photovoltaic module supply agreement with Raystech Group at the SNEC PV POWER EXPO 2020 in Shanghai. Raytech is […] Read more
