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MNRE

BSUL Seeking Consultants for 1200 MW Solar Project in Uttar Pradesh

BSUL is seeking consultants for the preparation of the Detailed Project Report for the development of a 1200 MW solar park in Uttar Pradesh. Bundelkhand Saur Urja Limited (BSUL), a joint venture company of NHPC Ltd and the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA), has issued a tender, seeking consultants for the […]

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Oakridge Targets Solar At 1000 Schools By 2022

Schools, and other educational institutions remain rime candidates for solar, but at a government level, the Delhi government seems to have a done a better job of implementing a plan New Delhi based Oakridge Energy has reportedly signed agreements with the Delhi government and Kendriya Vidyalaya Sangathan to install solar PV plants at more schools […]

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SECI Tenders for 20 MW Solar Plus 50 MWh BESS in Leh, Ladakh

SECI has issued a tender for 20 MW (AC) solar PV plant (50 MWp DC) with 20 MW/50 MWh BESS at Phyang in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has issued a tender for the commissioning of a 20 MW (AC) solar PV power plant (50 MWp DC) with 20 MW/50 MWh […]

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IREDA experienced lowest revenue growth in last 15 years

Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […]

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DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations

DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […]

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Haryana’s JC Bose University To Have Solar Energy Plant By April 2021

The campus of JC Bose University, Faridabad, Haryana would be operating completely on solar energy by mid-2021, as the institute has signed an agreement with a solar company for the installation of a grid-connected rooftop solar power plant. As a result, the university will completely work on solar energy from April 2021. At SaurEnergy we […]

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Fitch Ratings Bumps Up IREDA Credit Ratings

Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […]

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763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW

India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […]

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Tender Issued for Solar Home Lighting Systems for SC Beneficiaries in Assam

A tender has been issued for fixation of rates for a period of 1 year for solar PV home lighting systems for the SC beneficiaries of Assam. The Directorate of Welfare of Scheduled Castes, Government of Assam, has issued a tender, inviting bids from eligible manufacturers/ distributors /dealers on a rate contract basis for fixation […]

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