MSEDCL Gets Approval to Procure Wind Power From Projects with Expired EPAs Updated On Thu, Apr 11th, 2019 by Saurenergy The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has been permitted to procure wind power from projects with which its Energy Purchase Agreements (EPA) have expired after the Maharashtra Electricity Regulatory Commission (MERC) approved its petition. MSEDCL had filed its case on February 26, 2019, seeking approval for procurement of power from wind projects whose […] Read more
UNDP Tenders For 10.5 MW Solar Power Projects in Gambia Updated On Fri, Apr 5th, 2019 by Saurenergy The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […] Read more
Kochi Metro Plans to Double its Solar Power Usage to 40 Percent Updated On Sat, Mar 30th, 2019 by Saurenergy The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […] Read more
Suzlon Energy Completes Agreement to Sell 2 Subsidiaries to CLP Wind Farms Updated On Tue, Mar 26th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two its subsidiaries (i) SE Solar and (ii) Gale Solar farms to CLP Wind Farms for a total consideration of Rs 99.09 crore. “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind Farms (India) Private Ltd (CLP) with SE […] Read more
DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
RfS For 1200 MW Solar Power Projects Released (ISTS-IV) Updated On Wed, Mar 13th, 2019 by Saurenergy The maximum tariff payable to the Project Developer is fixed at Rs 2.65/ kWh for 25 years. The Solar Energy Corporation of India (SECI) has released the detailed Request for Selection (RfS) document for selection of solar power developers (SPDs) for setting up of 1200 MW ISTS Connected Solar Power Projects (ISTS-IV) on a pan […] Read more
Reliance Issues EoI For Procurement of Renewable Power Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is March 25, 2019. Reliance Industries Limited (RIL) has invited Expression of Interest (EoI) for procurement of renewable energy from Generators, IPPs, DISCOMS, CPPs & Traders having valid Inter/Intra State Trading License issued by CERC or SERC for interstate and/or intrastate trading of energy for meeting its RPO. The […] Read more
