SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders Updated On Mon, Aug 6th, 2018 by Saurenergy SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […] Read more
Mytrah Energy Wins 100 MW Wind Power Project under MSEDCL Bid Updated On Wed, Jul 18th, 2018 by Saurenergy Country’s one of the leading independent power producer, Mytrah Energy (India) Pvt Ltd (MEIPL) has secured a 100 MW wind power project for the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) through competitive bidding. The company has quoted a tariff of Rs 2.86 under the reverse e-auction for the 200 MW capacity and won the […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
Maharashtra Saw Overwhelming Response to 1000 MW Auction Updated On Tue, May 15th, 2018 by Saurenergy Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […] Read more
Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure Updated On Mon, Oct 9th, 2017 by Saurenergy The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […] Read more
National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant Updated On Tue, Jul 25th, 2017 by Saurenergy UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […] Read more
TNERC Award Blow to Adani Green Energy over Backdowns Updated On Mon, Jul 17th, 2017 by Saurenergy TNERC has directed Adani Green Energy to resubmit the petition as a ‘Dispute Resolution Petition’ (DRP) rather than under the ‘Miscellaneous’ category. The latest award of the Tamil Nadu Electricity Regulatory Commission (TNERC) is a setback for Adani Green Energy in its running battle with Tamil Nadu’s distribution and transmission companies over the problem of […] Read more
Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more