Why EPC are Treading in the Solar Race? Updated On Tue, Nov 15th, 2016 by Saurenergy Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […] Read more
Western Railway to install 2 MW solar panels at its suburban stations Updated On Sat, Nov 12th, 2016 by Saurenergy To reduce carbon footprint, the Western Railway will be setting up solar panels at around 30 locations- with a total capacity of 2 MW. The installed solar plant will provide power for its non-traction work. Western Railway expects to reduce dependence on energy from coal-fired plants by around 10% and save lakhs of rupees in […] Read more
Solar tariff cuts down to all-time low at Rs 4 per unit Updated On Tue, Nov 8th, 2016 by Saurenergy The solar power tariff slipped to an all-time low of Rs 4 per unit- the maximum rate – fixed under the tender floated for 750-MW solar power projects at Bhadla solar park in Rajasthan. “Solar Energy Corporation of India (SECI) has finalised a tender issue for the 750-MW solar PV projects in Bhadla solar park, […] Read more
HPGCL commissions first solar project at Panipat Thermal Power Station Updated On Thu, Nov 3rd, 2016 by Saurenergy The Haryana Power Generation Corporation Limited has successfully commissioned the first 10MW solar power plant at Panipat Thermal Power Station. On its very first day of operation, the plant generated and supplied about 10000 units of electricity to the grid. HPGCL’s Managing Director M.K.V. Rama Rao stated that the use of renewable energy had become […] Read more
Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra Updated On Fri, Sep 23rd, 2016 by Saurenergy British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap […] Read more
Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
SECI awards 240MW solar project to Essel Green Energy in Odisha Updated On Wed, Aug 24th, 2016 by Saurenergy Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […] Read more
SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more