Govt Releases New Bidding Norms For Solar Projects Updated On Thu, Aug 3rd, 2023 by Saurenergy The Ministry of Power has released new guidelines for bidding of grid-connected solar projects in the country. This comes days after the ministry released a similar document on the bidding format for medium and large wind projects. The new bidding document aims to bring uniformity in solar bids, clearly defining timeline of the projects, Power […] Read more
TPREL Signs PPAs with MSEDCL for 200 MW & 150 MW Solar Projects Updated On Wed, Aug 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a firm that delves into the renewable energy sector and a subsidiary of Tata Power, has signed two significant Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of […] Read more
CleanMax Inaugurates 400 MW Wind Solar Hybrid Project in Gujarat Updated On Mon, Jul 31st, 2023 by Saurenergy CleanMax Enviro Energy Solutions, a C&I renewable energy firm has inaugurated a 400 MW wind-solar hybrid project in Babra, Gujarat. The firm says that this is the first project to have the latest 3.3 MW Envision turbines. The said project was completed within 16 months of inception, and it was ensured that only unutilized commercial […] Read more
Specify Wind Project Timelines & Penalties In Tenders: MoP Norms Updated On Fri, Jul 28th, 2023 by Saurenergy The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […] Read more
Head of Section, Project Engineering & Due Diligence (Wind & Solar) Updated On Thu, Jul 27th, 2023 by Saurenergy The Head of Section optimizes business operations and improves the long-term performance of the section. You will work closely on commercial opportunities to strategize, strengthen and expand business, including driving the doer/seller culture. You will also coordinate with the team and the subject matter experts and involve actively in managing technical due diligence projects for […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
SJVN Bags INR 7000 Cr Solar Power Contract from Punjab State Power Corporation Ltd Updated On Mon, Jul 24th, 2023 by Saurenergy SJVN, through its wholly-owned subsidiary- SJVN Green Energy Limited (SGEL) has received the letter of Intent (LOI) from Punjab State Power Corporation Limited (PSPCL). This agreement will pave the way for the procurement of 1200 MW solar power. As per the contract terms, SGEL will develop 1000 MW project anywhere in the country. The remaining […] Read more
SAEL, Renew Power, Jakson, Avaada Among Winners of Big 2000 MW SECI Tender Updated On Sat, Jul 22nd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has announced the results for its tranche XI bidding for the big tender for 2000 MW interstate transmission system (ISTS)-connected solar projects in the country. Jakson, Eden Renewables, SAEL, Shiva Corporation, ReNew Power and Avaada Energy have been declared winners through competitive bidding. While SAEL and ReNew Power […] Read more