Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
India’s Energy Needs to Triple by 2040: World Bank Updated On Mon, Dec 24th, 2018 by Saurenergy In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Wind Power Developers up in Arms with TNERC Over Tariff Updated On Mon, Dec 24th, 2018 by Saurenergy Following that, TNERC approved a wind power auction of 1500 MW, in 3 trenches of 500 MW each, proposed by the Tamil Nadu Generation and Distribution Co. Developers of wind energy in Tamil Nadu are locking horns with the Tamil Nadu Electricity Regulatory Authority (TNERC) over the ceiling tariff approved by the authority which even […] Read more
India Setting Example in Green Energy: Harsh Vardhan Updated On Mon, Dec 24th, 2018 by Saurenergy The minister was speaking post the inauguration ceremony of Atal Complex for International Training Centre for Operational Oceanography. India is leading the race for mitigation of carbon emission and is setting an example for the whole world in fighting global warming with its various clean energy efforts, Harsh Vardhan, Union Minister for Environment and Science […] Read more
Telangana Governor Bats for Solar Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy He was speaking at the Telangana State Energy Conservation Awards – 2018 where he also mentioned that cost of solar panels have dramatically come down. Telangana and Andhra Pradesh Governor ESL Narsimhan has suggested that Greater Hyderabad Municipal Corporation (GHMC) should make it mandatory for multi -storied residential and commercial complexes in the city to […] Read more
Wells Fargo Gives $500,000 Grant for Developing Green Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy In addition to rooftop solar, the grant will expand the amount of open public space available to residents of the Northeast Valley. The Wells Fargo Foundation has announced a grant of $500,000 to a broad-based coalition aimed at attracting clean energy investments, stimulate local workforce and combat air quality issues. The grant will support the […] Read more
Tamil Nadu Best in Providing Clean and Affordable Energy: NITI Aayog Updated On Sat, Dec 22nd, 2018 by Saurenergy Renewable sources constitute 100 percent of total installed generating capacity of electricity in three States and four UTs. Sustainable Development Goal (SDG) India Index which was released by NITI Aayog recently has ranked Tamil Nadu, Karnataka, Andhra Pradesh, Bihar, Maharashtra and Gujarat as the top states for providing affordable and clean energy to their population. […] Read more
Foreign Players Win Big in Gujarat Solar Park Auction Updated On Sat, Dec 22nd, 2018 by Saurenergy The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by […] Read more
