SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders Updated On Mon, Aug 6th, 2018 by Saurenergy SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […] Read more
Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups Updated On Sat, Aug 4th, 2018 by Saurenergy The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates. As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to […] Read more
Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] Read more
Tender for DSIR’s 1000 MW Solar Project likely in August Updated On Tue, Jul 24th, 2018 by Saurenergy Out of the planned 5000 MW of solar power project establishment in DSIR, the authorities decided to roll out 1000 MW tender as the first phase of the project. The overall cost of power plant project is estimated at Rs 25,000 crore and spread across 11000 hectares. Government is likely to roll out the 1000 […] Read more
A target of installing 175 GW of renewable energy capacity by the year 2022 has been set Updated On Thu, Jul 19th, 2018 by Saurenergy 100 GW of solar capacity by 2022 in the country The Government is promoting development of solar energy in the country by providing various fiscal and promotional incentives The Government has set a target of installing 40 GW of grid connected rooftop solar capacity in the country including Delhi and National Capital Region (NCR) by […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
Viz-A-Viz with Sachin Jain, Co-Founder & CEO Oriano Solar Updated On Tue, Jul 10th, 2018 by Saurenergy Q. How do you see Indian rooftop market emerging? The Indian rooftop market has a huge potential. Currently, the C&I rooftop segment is adopting it through Capex or Opex model. Going forward, we see huge growth in the residential / household market as well. Q. What challenges do you think Indian rooftop solar faces currently? […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
China’s – New Solar Policies & Change in Markets Updated On Fri, Jul 6th, 2018 by Saurenergy In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […] Read more
