Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] Read more
Hindustan Power’s First Phase of 2,520 MW Anuppur thermal power project now Operational Updated On Thu, Apr 14th, 2016 by Saurenergy Hindustan Power announces that the company has successfully accomplished the commissioning of Phase 1 (1,200 MW) of its flagship 2,520 MW Anuppur thermal power project in Madhya Pradesh. The project strategically located near the Coal Mines of SECL/CIL was reportedly commissioned on 30th March 2016 at a cost of Rs 8,000 crores. Operating at 100% […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Power Ministry achieves the target of electrifying 7,000 villages in the current fiscal Updated On Mon, Mar 28th, 2016 by Saurenergy The Power Ministry on Monday said it has achieved the target of electrification of 7,000 villages in this FY2016. During last week (from 21st to 27th March 2016) 196 villages have been electrified across the country under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY), of these electrified villages, 75 are in Assam, 22 in Arunachal […] Read more
India to become the 3rd Largest PV Market to overpower Japan – Reports Updated On Wed, Mar 23rd, 2016 by Saurenergy India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […] Read more
UP Govt extends Solar vision concludes the North India Solar Summit Updated On Mon, Mar 14th, 2016 by Saurenergy Just after UP state govt. proposed a mini-grid solar policy and rooftop solar power policy to change sentiments on clean and renewable energy, manifesting confidant towards solar energy the state has recently hosted the 3rd edition of the North India Solar Summit. Organised by Indian Industries Association (IIA) underlined the emerging business and trade opportunities in […] Read more
US Company rejigs UP Mini-Grid Solar Policy Updated On Thu, Mar 10th, 2016 by Saurenergy Just after the UP state government proposed a mini-grid policy to electrify the rural grounds of the state, a U.S. company has extended interest to electrify 1,000 villages by setting up mini-grids powered by solar energy. Rockfeller foundation has partnered with OMC-Powers’ to invest US $ 4.5 million (around Rs 30 crore) for retro-fitting of […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more
Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more