Hindustan Power’s First Phase of 2,520 MW Anuppur thermal power project now Operational Updated On Thu, Apr 14th, 2016 by Saurenergy Hindustan Power announces that the company has successfully accomplished the commissioning of Phase 1 (1,200 MW) of its flagship 2,520 MW Anuppur thermal power project in Madhya Pradesh. The project strategically located near the Coal Mines of SECL/CIL was reportedly commissioned on 30th March 2016 at a cost of Rs 8,000 crores. Operating at 100% […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Cost of Solar energy is less than that of conventional energy: Piyush Goyal Updated On Sun, Apr 10th, 2016 by Saurenergy Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […] Read more
Solar Urja Expo 2016 Updated On Sun, Apr 10th, 2016 by Saurenergy Solar Urjja Expo concluded recently on 10th April where major players like Su-Kam, Luminous,Tata Power Solar, Sedna Energy congregated to showcase their solar products. The expo was organized by Urja Samiti by the support of MNRE, SESI, IREDA and HAREDA. Read more
Intersolar India joins forces with HUSUM Wind Updated On Sat, Apr 9th, 2016 by Saurenergy HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […] Read more