Oriana Power Secures Order For 25MWp Agro PV Project In Delhi Updated On Thu, Jul 4th, 2024 by Saurenergy Oriana Power Ltd., a renewable energy solutions provider, bagged an order to set up a 25MWp Group Net Metering Solar Power Plant (Agro Photovoltaic) for a real estate company. This project is developed with underground cabling up to 10km including RoW for a 25 MWp captive solar power. The plant is under the Group Net […] Read more
KLK Ventures Bags 5 MW Allotment From UPNEDA For Solar Projects Updated On Tue, Jul 2nd, 2024 by Saurenergy Noida-based KLK Ventures Private Limited has been selected by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) as one of the solar power developers for an ambitious 500 MW grid-connected rooftop solar photovoltaic (PV) project. This project will be implemented on government, semi-government buildings, and other institutions across Uttar Pradesh under the Renewable […] Read more
DhaSh PV Prepares For Next Stage OF Growth With 50 GW Manufacturing Expansion Updated On Tue, Jul 2nd, 2024 by Saurenergy Bengaluru-based DhaSh PV Technologies Limited, India’s largest Integrated PV Junction Box Manufacturer, has broken ground on its ambitious INR 346.35 crore investment project in the Sira Industrial Area, Tumkur, Karnataka. Spread over an area of almost 20 acres, this project is the biggest expansion from the integrated PV equipment supplier. A state-of-the-art manufacturing plant dedicated […] Read more
SECI Invites Bids To Select Developers For 400 MW Hybrid Projects Updated On Mon, Jul 1st, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now invited proposals for setting up Inter-State Transmission System (ISTS)-connected hybrid power projects in India, on a build-own-operate (BOO) model for an aggregate capacity of 400 MW. The tender invited bids for the inter-state transmission system (ISTS-connected) wind-solar hybrid power projects in India under SECI-Tranche-IX. The last […] Read more
Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
MoP Releases Norms To Compensate For Damages Under Right Of Way Updated On Thu, Jun 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Investments In Renewables, Realty To Rise To Rs 15 Lakh Cr In Next Fiscals: CRISIL Updated On Tue, Jun 18th, 2024 by Saurenergy Investments in India’s key infrastructure sectors — renewable energy and roads – and real estate are expected to grow 38% in fiscals 2025 and 2026 compared with the previous two fiscals to Rs 15 lakh crore, according to the latest report by CRISIL. The surge will ride on India’s need for creation of sustainable infrastructure […] Read more