ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
SECI Issues NIT For 100 MW Solar PV Projects at Singareni Collieries Updated On Wed, Apr 17th, 2019 by Saurenergy Tender documents for the project will be uploaded on the TCIL Portal and the Central Public Procurement Portal (CPPP) of GoI by April 22, 2019. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 100 MW of Solar PV Power Plant under different packages at Singareni […] Read more
Lubi Solar to Install Solar Water Pumps in Nagpur, Pune Updated On Tue, Apr 16th, 2019 by Saurenergy “The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmer’s place,” the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities […] Read more
Oriano Solar Commissions Two Solar Plants For Aditya Birla Renewables Updated On Tue, Apr 16th, 2019 by Saurenergy The firm is currently executing 134.5 MW of solar projects to be commissioned by September 2019 and will surpass cumulative installation of 350 MW by the end of this financial year. Mumbai-based Oriano Solar has commissioned two solar power plants worth18.75 MW capacity located at Rawan (12.5 MW) and Hirmi (6.25 MW) in Chhattisgarh. The company was the Engineering, […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
CERC Passes Order, GST to be Covered Under “Change in Law” Updated On Tue, Apr 16th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […] Read more
Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
India, Denmark agreement on Wind Cooperation Approved Updated On Tue, Apr 16th, 2019 by Saurenergy India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […] Read more
