NTPC, SECI to Set Up 10GW Renewable Energy Parks in Rajasthan Updated On Sat, Mar 28th, 2020 by Saurenergy With an aim to achieve the target of 175 GW of renewable energy by 2022, the government has ramped up its process of tendering of renewable energy projects across the country. In line with this, India’s largest power generation utility NTPC and state-owned Solar Energy Corporation of India (SECI) will soon be signing an agreement with […] Read more
MNRE to Issue Uniform Guidelines for Renewable Energy Procurement Updated On Sat, Mar 28th, 2020 by Saurenergy In a further step to provide relief to the ailing renewable energy sector in the country, the Ministry of New and Renewable Energy (MNRE) is mulling to issue uniform combined guidelines for the procurement of renewable energy i.e. solar, wind, and hybrid energy including storage. The government’s motive behind issuing uniform guidelines is to boost […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
Adani Sells 25.10% Stake in AEML to Qatar Investment Authority Updated On Tue, Feb 11th, 2020 by Saurenergy Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […] Read more
L&T Bags Contracts for its Power, Transmission & Distribution Business Updated On Mon, Feb 10th, 2020 by Saurenergy L&T has announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from clients in India and abroad. Larsen and Toubro (L&T) have announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from prestigious clients in India and abroad. In the Philippines, the business has won […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
SECI Extends EOI for Buying and Blending Conventional Power With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […] Read more
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
