Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
L&T Technology Services Integrates Smart City, Campus & Building Solution with Microsoft Dynamics 365 and New Azure IoT capabilities in North America Updated On Tue, Jun 5th, 2018 by Saurenergy LTTS Azure-powered Smart City, Campus & Building solution now offering integration with Microsoft Dynamics 365 for Field Service Enterprises can realize productivity benefits by seamlessly tapping into Dynamics 365 for Field Service in real-time with LTTS Smart City, Campus & Buildings i-BEMS solution L&T Technology Services Limited (NSE: LTTS), a pioneering global industrial and engineering, […] Read more
Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
Govt Kicks off Pilot Scheme to Procure 2500 MW Power for 3-Yrs Updated On Tue, May 1st, 2018 by Saurenergy The Ministry of Power said in a statement that, it had recently issued the model bid documents, model PAPP and PPSA on 6th April 2018. The government has launched a pilot scheme for the procurement of aggregate 2500 MW power on a competitive basis for three years under medium term i.e. from generators with commissioned projects […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit Updated On Wed, May 10th, 2017 by Saurenergy Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […] Read more
Solar Power Tariff Expected to Get Cheaper than Coal Updated On Mon, Apr 24th, 2017 by Saurenergy The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […] Read more
India to Add 1 GW of Solar by the End of April at Kurnool Solar Power Park in Andhra Pradesh Updated On Thu, Apr 6th, 2017 by Saurenergy The 1 GW Kurnool Solar Power Park is being implemented by Andhra Pradesh Solar Power Corporation Private Limited under the National Solar Mission Phase-II, Batch-II, State Specific Bundling Program. The entire Kurnool Ultra Mega Solar Power Park of 1 GW capacity is expected to be connected to the grid by the end of April 2017. […] Read more
Solar Industry’s Bigwigs Enlisted for REWA Ultra Mega Solar Power Project Bidding Updated On Tue, Jan 24th, 2017 by Saurenergy Madhya Pradesh government’s ultra mega solar power park at Rewa gets bidder’s list The Madhya Pradesh government’s ambitious ultra mega solar power park at Rewa has attracted 20 companies for 10 times the required capacity of 750 MW. ReNew Power and SoftBank promoted SBG Cleantech have bid for all the three units of 250 MW […] Read more
