NTPC Issues Request for Proposal for SPDs for 60 MW Solar Project in Republic of Cuba Updated On Fri, May 26th, 2023 by Saurenergy NTPC has floated a tender for the selection of solar power developers for 60 MW solar PV project in the Republic of Cuba. The last date and time for receipt of bids comprising both the technical bid and the price bid is July 20, 2023. The technical bid opens on July 21, 2023. The project […] Read more
APDCL Issues Tender for Selection of Solar Power Developers for 10 MW Solar Projects Updated On Wed, Mar 22nd, 2023 by Saurenergy Assam Power Distribution Company Ltd (APDCL) invited bids for the selection of solar power developers for the development of a 10 MW solar project. The 10 MWAC grid-connected solar PV power projects throughout the State of Assam under CPSU Scheme (Government Producer Scheme) Phase-II, GOI. The bid submission end date is 05.04.2023 at 14:00 Hrs. […] Read more
MNRE Shares Solar Tender Issued in Bhutan for Participation by SPDs Updated On Tue, Sep 29th, 2020 by Saurenergy MNRE has asked SPDA and NSEFI to circulate a solar tender issued in Bhutan amongst solar power developers in India for possible participation in the bid. The Ministry of New and Renewable Energy (MNRE) has written to industry bodies the Solar Power Developers Association (SPDA) and the National Solar Energy Federation of India (NSEFI) to […] Read more
B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers Updated On Tue, May 5th, 2020 by Saurenergy With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […] Read more
SECI Issues RfS for 1200MW ISTS-Connected Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project. State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power […] Read more
MNRE Makes Few Amendments in Provisions for DRC Updated On Tue, Dec 10th, 2019 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC Updated On Wed, Jun 19th, 2019 by Saurenergy MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […] Read more
Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers Updated On Tue, May 14th, 2019 by Saurenergy The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […] Read more