O2 Power Awards 97 MW Wind Turbine Order to GE Vernova Updated On Fri, Dec 1st, 2023 by Saurenergy Independent Power Producer O2 Power has awarded a 97 MW turbine project to Massachusetts-headquartered GE Vernova. The wind project is located in Maharashtra. The wind project encompasses the supply, installation and commissioning of 36 units of GE’s workhorse 2.7-132 wind turbines. The agreement will pave the path for the supply of renewable energy to several […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
MNRE Revises Norms For Dispute Resolution Mechanism Updated On Thu, Jun 8th, 2023 by Saurenergy In its latest order, the Ministry of New and Renewable Energy (MNRE) has revised the guidelines for setting up a Dispute Resolution Mechanism (DSM). The Ministry earlier had issued the norms for the first time in 2018 and later made several amendments. The ministry, in the latest order, said that the new norms would supersede all previous […] Read more
MNRE To Grant RE Project Extensions In GIB Habitats Only On ‘Merit’ Updated On Mon, Jun 5th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now decided to grant an extension to renewable power projects in Great Indian Bustard (GIB) habitat areas only based on the case’s merits. It has planned to do away with the earlier system of giving a blanket exemption of 30 days in the scheduled commencement of […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
RBI Releases Guidelines To Banks For Acceptance Of Green Deposits Updated On Wed, Apr 12th, 2023 by Saurenergy The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
Kolkata’s Bridge and Roof Co. Floats 2.25 MW Grid-Connected Solar Tender Updated On Fri, Nov 18th, 2022 by Saurenergy A Miniratna Category-I Public Sector Enterprise that delves into construction and infrastructure, Bridge And Roof Company India Ltd (B&CIL) has floated a 2.25 MW of grid-connected solar tender for Kidderpore Dock-II at Syama Prasad Mukerjee Port Kolkata, West Bengal. The last date for submitting the bid for this B&CIL 2.25 MW solar power project is […] Read more
SJVN Green Energy Floats O&M Tender for 70 MW in Himachal Pradesh Updated On Tue, Oct 4th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) Green Energy has published a tender for the operation and maintenance of a 70 MW capacity (AC). This 70 MW solar power facility in the Himachal Pradesh state includes Unit I, a 30 MW Kolar, Unit II, a 20 MW Bhanjal & Kadh, and Unit III, a 20 MW Fatehpur […] Read more
