GAIL Seeks Shareowners’ Nod to Make Solar Power Plants Updated On Sat, Aug 18th, 2018 by Saurenergy GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
Mizoram to Get 100MW Solar Power Plant Updated On Fri, Aug 10th, 2018 by Saurenergy The government has already signed the Memorandum of Understanding (MoU) with Sungevity Enterprises, a solar power service developer, to setup Rs. 630 crore 100MW solar power plant. Under the ‘Magnetic Mizoram Investors Summit’ initiative of New Economic Development Policy (NEDP), Mizoram government is to set up a 100 MW solar power plant in the state. […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy Updated On Wed, Jan 10th, 2018 by Saurenergy Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
MOIL Team approves Solar Investment of Rs 61.83 crore Updated On Sat, Feb 13th, 2016 by Saurenergy State-run MOIL announces that its board team has accredited investment proposal for setting up 10.50 MW solar power project for captive use in the lease hold areas of company’s mines situated in Madhya Pradesh and Maharashtra, with a total estimated cost of Rs 61.83 crore. “The Board of Directors of the company at its meeting […] Read more
Maharashtra Impulse on Solar Investment – aims Rs 50,000 crore Updated On Fri, Feb 12th, 2016 by Saurenergy Well-suited solar conditioned states are collaring to use solar energy, now Maharashtra has opened investments worth Rs 50,000 crore to boost its solar energy project. The state government, with the Centre and private sectors, is set to bring modifications to reduce solar power cost to make it farmer-friendly in rural Maharashtra. “The state government is […] Read more
