Solar Power Developer Hindustan Powerprojects Caught Evading Tax of Over Rs 1350 Cr Updated On Tue, Apr 23rd, 2019 by Saurenergy During search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, the Income Tax department detected tax evasion of more than Rs 1,350 crore. The Central Board of Direct Taxes (CBDT) has revealed that the raids were conducted earlier this month at offices of the solar […] Read more
Amplus Inks Pact with Kongsberg to Digitalize Solar Asset Lifecycle Updated On Tue, Apr 23rd, 2019 by Saurenergy “This partnership with Kongsberg Digital is another step in our endeavor to channelize the power of technology to maximize solar performance,” he added. Gurgaon-based Amplus Energy Solutions has entered into an Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize its efficiency enhancing applications – Kognifai. As per the deal, Amplus will explore opportunities […] Read more
SECI Issues Tender For 100 MW Solar Power Plants at SCCL Updated On Tue, Apr 23rd, 2019 by Saurenergy The last date for bid submission is June 7, 2019. The Solar Energy Corporation of India (SECI) has issued the tender for the development of cumulative 100 MW solar PV power plants at the Singareni Collieries Company (SCCL) in Telangana. The nodal agency had issued the Notice Inviting Tenders (NIT) for the project last week […] Read more
April 17 Killer Storm hits Bhadla Solar Park too, as Developers Count Damages Updated On Mon, Apr 22nd, 2019 by Saurenergy The Bhadla Solar Park, the showpiece solar park in Rajasthan, seems to have been hit significantly by the storm on April 17. Risks to Solar Installations from natural causes are an ever present one, and something most firms try to hedge against by way of quality of construction, insurance and a prayer perhaps. At Bhadla […] Read more
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more
TENDER FOR 100 MW (AC) SOLAR PV POWER PLANT UNDER DIFFERENT PACKAGES INCLUDING 10 YEARS PLANT O&M AT SINGARENI COLLIERIES COMPANY LIMITED, TELANGANA Updated On Mon, Apr 22nd, 2019 by Saurenergy Tender for Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Solar PV Power Plant under different packages including 10 years plant O&M at Singareni Collieries Company Limited, Telangana, India. Tender documents (Tender No. SECI/C&P/NIT/2018/SCCL100 dated 22.04.2019) for Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Solar PV […] Read more
Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants Updated On Sat, Apr 20th, 2019 by Saurenergy Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […] Read more
Vikram Solar Expects the Solar Sector to Bare No Impact of the General Elections Updated On Thu, Apr 18th, 2019 by Saurenergy Amit Gupta, Director – Legal and Corporate affairs, Vikram Solar gives his take on whether the ongoing general election will have any impact on the solar sector. Vikram Solar, the West Bengal-based solar solutions provider has come out and said that it expects the solar sector to stay unaffected by the general elections. “In our […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
