Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
NTPC reportedly planning expansion of solar power generation capacity Updated On Fri, Mar 31st, 2017 by Saurenergy NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […] Read more
SECI issues RfS for 250 MW and 500MW Solar Projects in Bhadla Phase-IV and III Solar Park, Rajasthan Updated On Thu, Mar 30th, 2017 by Saurenergy SECI notes that prospective bidders interested to participate in the bidding process of 250 MW and 500MW solar projects in Bhadla Solar Park Rajasthan are required to submit their Project proposals in response to this RfS document Solar Energy Corporation of India (SECI) has issued RfS documents for Selection of Grid connected Solar PV Projects […] Read more
Vikram Solar signs MoU with Israel’s Water-Gen to introduce drinkable water solutions in India Updated On Thu, Mar 30th, 2017 by Saurenergy Combined with Vikram Solar’s technological prowess and expertise in the solar power domain, the attempt is to conceptualize a product most suitable for the Indian market requirements. Incorporating use of solar power into the Water-Gen technology is expected to further enhance the energy efficiency and availability of power for the technology in remote locations, through […] Read more
Meghalaya eyeing renewable energy to meet the growing demand for electricity in the state Updated On Wed, Mar 29th, 2017 by Saurenergy Meghalaya can generate about 3,669 MW from various renewable energy sources and about 3,000 MW from solar energy. Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. “The main concern facing the state today is power deficit which has greatly affected Meghalaya’s economy and the […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
Hindustan Zinc Plans to Invest Rs 425 crore on Solar Power Plants by Next Year Updated On Mon, Mar 27th, 2017 by Saurenergy The Vedanta Group firm will make its 15 MW solar power projects operational soon this year, and also plans to develop 85 MW plant worth Rs 425 crore by next year. Hindustan Zinc has announced that its 15 MW solar power projects in Rajasthan will get commissioned this month, and it is also planning to […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more
