Spot Power Prices Drop 11% in June to Rs 3.32/unit Updated On Tue, Jul 9th, 2019 by Saurenergy Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […] Read more
NTPC Enlisting EPC Vendors for Floating/Ground Mounted Solar Projects Updated On Mon, Jul 8th, 2019 by Saurenergy NTPC has invited applications for enlistment of EPC vendors/bidders for floating/ground-mounted solar projects of NTPC between 10 and 50 MW capacity. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting applications from eligible bidders for the enlistment of EPC vendors/bidders for floating/ground-mounted solar projects of NTPC between 10 and 50 MW capacity. The brief […] Read more
MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme Updated On Fri, Jul 5th, 2019 by Saurenergy MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Hanergy Bags 400 MW Solar Project in DR Congo Updated On Thu, Jul 4th, 2019 by Saurenergy Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […] Read more
Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions Updated On Thu, Jul 4th, 2019 by Saurenergy The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […] Read more
SECI Floats Tender for 1200 MW Solar Power Projects (ISTS-V) Updated On Wed, Jul 3rd, 2019 by Saurenergy SECI has issued an RfS for setting up of 1200 MW solar projects in India under global competitive bidding (ISTS-V). The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of solar power developers (SPDs) for setting up of 1200 MW ISTS-connected solar power projects in India under […] Read more
ABB Bags Transformer Order for 950 MW Offshore Wind Farm in North Sea Updated On Thu, Jun 27th, 2019 by Saurenergy ABB has won an order from Vestas to supply 100 energy-efficient and compact WindSTAR transformers for installation in an offshore wind farm in the North Sea. Under the project agreement, the ABB transformers will be supplied for Moray Offshore Renewable Power’s Moray East offshore wind project. The wind farm will have a capacity to generate […] Read more
