TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
Government Stressing on Infrastructure and Electric Vehicles: President Updated On Fri, Jun 21st, 2019 by Saurenergy In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […] Read more
Ostro and Adani Win SECI’s 1200 MW Tranche-VI Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Ostro Energy and Adani Green Energy Park have emerged as winners in SECI 1200 MW ISTS-connected wind power projects under Tranche-VI. Ostro Energy Pvt. Ltd. and Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Ltd. (AGEL) have emerged as winners in the 1200 MW ISTS-connected wind power projects under Tranche-VI. According […] Read more
Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction Updated On Fri, Jun 21st, 2019 by Saurenergy SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […] Read more
Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more