MNRE Asks States to not Halt Payments for RE Generators Updated On Fri, Apr 3rd, 2020 by Saurenergy MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […] Read more
Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19 Updated On Fri, Apr 3rd, 2020 by Saurenergy NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […] Read more
PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown Updated On Thu, Apr 2nd, 2020 by Saurenergy PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […] Read more
BayWa Secures Tax Equity Commitment for its 250 MW Wind Project Updated On Thu, Apr 2nd, 2020 by Saurenergy BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
JSW Group, Adani Contribute Rs 100 Cr Each to Fight Coronavirus Pandemic Updated On Mon, Mar 30th, 2020 by Saurenergy The JSW Group and the Adani Foundation have pledged to contribute Rs 100 crore each to the PM-CARES Fund to combat the Coronavirus Outbreak (COVID-19). The JSW Group and the Adani Foundation, both key firms’ in India’s energy and specifically renewable energy sector have pledged to contribute Rs 100 crore each to the Prime Minister’s […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
REC Sales up 64 Percent to 21.42 Lakh Units in February Updated On Mon, Mar 23rd, 2020 by Saurenergy Sales of REC rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand Sales of renewable energy certificates (REC) rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago […] Read more
