Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
POWERGRID Jabalpur Transmission Successfully Commissions 765kV D/C Line Between Vindhyachal–Jabalpur Updated On Thu, Jan 3rd, 2019 by Saurenergy The PGCIL arm had secured the project through Tariff Based Competitive Bidding (TBCB). POWERGRID Jabalpur Transmission Ltd, a 100 percent wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) has successfully commissioned the 765kV Double Circuit Transmission line between Vindhyachal Pooling Station – Jabalpur Pooling Station. The PGCIL arm had secured the project […] Read more
Ørsted Commissions 20 MW Battery in UK Updated On Thu, Jan 3rd, 2019 by Saurenergy The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […] Read more
West Bengal Issues Tender for 11 MW solar Energy Updated On Thu, Jan 3rd, 2019 by Saurenergy The project is for 900 grid connected solar rooftop power projects of 10 KW capacity and 100 units of 20 KW capacity at multiple locations. Increasing West Bengal’s share of solar power, West Bengal Renewable Energy Development Agency has issued a tender for the installation of 11 MW of solar power in the state. The […] Read more
Waaree Energies Commissions 25 KW rooftop solar project in Ladakh Updated On Wed, Jan 2nd, 2019 by Saurenergy The installation of this project is of critical importance as solar power brings some much needed respite to the people of Ladakh. Waaree Energies has unveiled a 25 KW rooftop solar project at Himalayan Institute of Alternatives (HIAL). The project is done by Waaree Energies under its CSR programme and is part of its ongoing […] Read more
BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
New Report from Navigant Research Sheds Light on Microgrid Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Since 2Q 2018, Navigant Research has identified more than 240 additional microgrid projects, representing over 1,239 MW. A new report from Navigant Research presents data on known grid-tied and remote microgrid projects in the planned, developing, and deployed stages across six geographies and seven microgrid segments. Since 2Q 2018,a Navigant Research has identified more than […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more