Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
CM Inaugurates 1230 kW Solar Power Plant Updated On Tue, Nov 6th, 2018 by Saurenergy Inaugurating a 1230 kW solar power plant in Gorakhpur, Chief Minister Yogi Adityanath said it would give impetus to the green energy drive of Prime Minister Narendra Modi and would not only help in lighting up many houses but also conserve environment. The solar power plant has been constructed at a cost of Rs 6 […] Read more
Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
RK Singh Launches Award Scheme under ‘Saubhagya’ Updated On Tue, Oct 16th, 2018 by Saurenergy More than 1.65 crore households connected since the launch of Saubhagya. RK Singh, Minister of State (IC) for Power and New & Renewable Energy, has launched an award scheme under Saubhagya to felicitate the DISCOMs/ Power Department of the States and their employees for achieving 100 percent household electrification in their areas of operation. The […] Read more
AMENDMENT-I, PPA & PSA : SELECTION OF SOLAR POWER DEVELOPERS FOR SETTING UP OF 150MW (50MW X 3) GRID CONNECTED FLOATING SOLAR POWER PROJECTS TO BE INSTALLED AT RIHAND DAM, UP Updated On Fri, Oct 12th, 2018 by Saurenergy This has reference to the RfS No. SECI/C&P/SPD/RfS/150MW FLOATING/UP/R1/092018 dated 06.09.2018 regarding “Selection of Solar Power Developers for Setting up of 150MW (50MW x 3) Grid Connected Floating Solar Power Projects to be installed at Rihand Dam (also known as Govind Ballabh Pant Sagar Reservoir), Sonbhadra District, Uttar Pradesh”. The pre-bid meeting for the subject tender has […] Read more
SECI Extends Bids for UP’s 150MW Floating Solar Plants Till Oct 25 Updated On Thu, Oct 11th, 2018 by Saurenergy Additionally, SECI has also extended bid submission deadline for setting up of 2 MW solar power project with 1 MWH BESS at Kaza, Himachal Pradesh till October 25, 2018. State-owned Solar Energy Corporation of India (SECI) has extended the bid submission deadline for setting up of 150 MW (50 MW x 3) grid connected floating […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
India brings the world together to discuss Renewable Energy; global community applauds India’s Role Updated On Fri, Oct 5th, 2018 by Saurenergy 2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […] Read more
