SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […] Read more
Serentica Doubles Down On Clean Energy Targets With 10 GW Andhra Plans Updated On Thu, Nov 7th, 2024 by Saurenergy Serentica Renewables, a leading renewable energy company in India, has announced its plans to establish renewable energy projects with a combined capacity of 10 gigawatts (GW) in Andhra Pradesh. The firm has emerged as one of the fastest growing green energy developers in India, moving to a focus on Round the clock (RTC) and other […] Read more
L&T Division Gets Order For Energy Management Systems In India Updated On Mon, Sep 30th, 2024 by Saurenergy The Digital Energy Solutions (DES) arm of Larsen & Toubro’s Power Transmission and Distribution (PT&D) business has received an order to develop and implement Energy Management Systems across regional and state load dispatch centers in South India. As part of the order, L&T is expected to develop energy management and associated software systems for 12 […] Read more
APERC Releases Draft To Streamline Deviation Settlement Mechanism Updated On Thu, Sep 12th, 2024 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) recently released a draft notification to incentivize consumers to amend their electricity consumption patterns. This draft aims to reform both the timing and level of electricity demand to help consumers use electricity more efficiently. “Andhra Pradesh State Electricity Regulatory Commission (Demand Side Management) Regulation, 2024”, aims to manage […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs Updated On Wed, Aug 7th, 2024 by Saurenergy Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […] Read more
REPLUS Engitech, Hero Future Energies Partner For BESS Project Updated On Wed, Jul 31st, 2024 by Saurenergy REPLUS Engitech recently collaborated with Hero Future Energies to develop a 250MWh Battery Energy Storage System (BESS) project across three states namely, Karnataka, Andhra Pradesh, and Gujarat. To implement this project, REPLUS Engitech a technology-led manufacturing start-up entered into a turnkey EPC contract with Hero Future Energies. This contract seeks to improve the stability and […] Read more
Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue Updated On Mon, May 20th, 2024 by Saurenergy Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […] Read more