DERC Proposes Rs 150cr Limit For New Intra State Power Projects Updated On Mon, Sep 2nd, 2024 by Saurenergy Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity Updated On Mon, Sep 2nd, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […] Read more
Manager / Asst Manager – Quality Assurance Updated On Fri, Aug 30th, 2024 by Saurenergy Review & approval of manufacturing quality assurance plans Inspection of products at vendor factory Assessment of new vendors Interaction with customers for approval of documents. Management reporting Product failure analysis Candidate shall be able to:- Plan inspections & coordinate with customers & suppliers effectively. Timely review of the QAPs & arrange approval from customers & […] Read more
Juniper Green Gets CERC Nod For Power Trading Licence Updated On Thu, Aug 29th, 2024 by Saurenergy Juniper Green Power Trading Private Limited, a subsidiary of Indian renewable energy company Juniper Green has now received approval from the Central Electricity Regulatory Commission (CERC) for starting power trading. This comes after the company approached the central power regulatory to get its nod. In accordance with Regulation 3(3) of the Trading Licence Regulations, a […] Read more
InvIT: IndiGrid Gets Investment Commitments From AIMCo, HDFC, Others Updated On Wed, Aug 28th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), recently launched its preferential issue process following the successful conclusion of the Offer-for-Sale (OFS) by its sponsor, KKR. IndiGrid has received investment commitments from Alberta Investment Management Corporation (AIMCo), one of Canada’s leading institutional investment managers, and HDFC Life, an insurance provider, for investments of Rs. 567 […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
Khavda Project: GIPCL Issues Bids For Supply Of 500 MW Bifacial Modules Updated On Mon, Aug 26th, 2024 by Saurenergy The Gujarat Industries Power Company Limited (GIPCL) has now issued a tender to supply solar modules for a 500 MW (AC) / 625 MWp solar PV project at the Great Rann of Kutch near Khavda in Gujarat with September 3rd set as the last date of pre-bid queries/ clarifications. GIPCL invited bids to select contractors […] Read more
China Blows Past 2030 Target For Solar, Wind Updated On Mon, Aug 26th, 2024 by Saurenergy Back in 2020, Chinese President Xi Jining had outlined a plan to be carbon neutral by 2060, achieve peak emissions by 2030, and in doing so, add 1200 GW of solar and wind capacity by 2030. Low Prices Drive Faster Adoption As it turns out, the Chinese might have surprised even themselves considering how quickly […] Read more
