NTPC Q1 Results-Consolidated PAT Up 23.36% Updated On Mon, Jul 31st, 2023 by Saurenergy The Country’s largest power generator – NTPC Ltd., with a present group installed capacity of more than 73 GW, declared unaudited financial results for Q1 FY24 on 29th July 2023. NTPC Group generated 103.98 Billion Units in Q1 FY24 as compared to 104.42 Billion Units in Q1 FY23. NTPC’s standalone gross generation in Q1 FY24 […] Read more
JDVVNL Floats Tender for 163 MW Solar Projects Updated On Mon, Jul 31st, 2023 by Saurenergy Jodhpur Vidyut Vitran Nogam Limited has issued three tenders for the installation and commissioning of 65 grid connected solar projects with a cumulative capacity of 163.52 MW. These are for various subdivisions of Sri Ganganagar Circle under Component-C of PM-KUSUM program. The projects are to be developed under RESCO model for 20.16 MW, 64.26 MW […] Read more
Govt Launches Resource Efficiency Circular Economy Industry Coalition Updated On Fri, Jul 28th, 2023 by Saurenergy A Resource Efficiency Circular Economy Industry Coalition (RECEIC) was recently launched on the sidelines of the 4th G20 Environment and Climate Sustainability Working Group (ECSWG). At a meeting held in Chennai on July 27, Union Minister Bhupender Yadav stated that the RECEIC would act as an overarching platform. It would enable industries to address information, […] Read more
Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables Updated On Fri, Jul 28th, 2023 by Saurenergy Rays Power Infra, a solar EPC firm with a commissioned portfolio of 1.30 GWp, has signed an engineering, procurement, and construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions firm focusing on industrial decarbonization. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and […] 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
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Pimpri-Chinchwad Admin Releases Plan To Increase EV Adoption Updated On Fri, Jul 28th, 2023 by Saurenergy Electric Vehicle cell of the Pimpri-Chinchwad Municipal Corporation (PCMC), released the ‘Pimpri-Chinchwad City Electric Vehicle Readiness Plan’ on Wednesday, which proposes nine actionable solutions to transform the urban mobility landscape and further accelerate the EV transition of Pimpri-Chinchwad’s. This region lies at the periphery of Pune in Maharashtra. The plan created with the technical support […] Read more
80% Of India’s Solar Projects Planned In Only 5 States Updated On Fri, Jul 28th, 2023 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
