MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […] Read more
Envision, TÜV Nord Sign Pact To Boost Large Wind Turbines Updated On Thu, Sep 26th, 2024 by Saurenergy Chinese wind turbine maker Envision Energy and TÜV Nord has now signed an agreement to boost the deployment of large scale wind turbines. At WindEnergy Hamburg, Envision Energy’s Senior Vice President and President of the Wind Turbine Division, Yimin Lou, and TÜV Nord’s Global Executive Vice President of Renewable Energy, Alexander Ohff, signed a strategic […] Read more
Hybrid Solar, Wind Projects To Fuel Cochin Shipyard Operations Updated On Wed, Sep 25th, 2024 by Saurenergy The Kerala government’s Energy Management Centre (EMC) has initiated plans to power Cochin Shipyard Limited (CSL) with renewable energy. To move forward with this initiative, a tender has been issued seeking consultants for the project. The last date of bid submission is September 30. Established in 1972, Cochin Shipyard Limited is a prominent shipbuilding and […] Read more
Himachal Pradesh To Invest In Pumped Storage projects Updated On Wed, Sep 25th, 2024 by Saurenergy Himachal Pradesh Chief Minister, Thakur Sukhvinder Singh Sukhu said the State has decided to enter the sector of Pumped Storage Projects (PSPs). He said that PSPs are considered one of the most dependable mechanisms towards a balanced supply of power from renewable sources like solar and wind energy. Himachal has been the leader in mini-hydel […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
Powergrid Bags Khavda 7GW RE Transmission Project Updated On Fri, Sep 20th, 2024 by Saurenergy The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […] Read more
Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […] Read more
Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more