Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Indu Shekhar Chaturvedi Assumes Charge as Secretary MNRE Updated On Tue, May 12th, 2020 by Saurenergy The Ministry of New & Renewable Energy has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, MNRE from May 11, 2020. The Ministry of New and Renewable Energy (MNRE) has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, Ministry of New & Renewable Energy from […] Read more
MNRE Has A New Secretary, Indu Shekhar Chaturvedi Updated On Sun, Apr 26th, 2020 by Saurenergy Indu Shekhar Chaturvedi, a 1987 batch IAS (Indian administrative service) officer of the Jharkhand cadre, has been appointed as the new secretary of the Ministry of New and Renewable Energy (MNRE). Mr Chaturvedi will take over from Anand Kumar, himself an IAS from the 1984 Kerala cadre. Mr Chaturvedi was earlier the Additional Chief Secretary […] Read more
NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19 Updated On Fri, Apr 3rd, 2020 by Saurenergy NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […] Read more
NTPC Tenders for BOS Package for 735 MW Nokh Solar Park Updated On Tue, Mar 24th, 2020 by Saurenergy NTPC has issued a tender for the Balance of System (BOS) package for the development of 735 MW (3X245) Nokh Solar Project in Rajasthan, India. NTPC Limited has issued a tender, inviting online bids from eligible bidders for the Balance of System (BOS) package for the development of 735 MW (3X245) Nokh Solar Project in […] Read more
Renewable Energy Supply Chain Disruptions to be Treated as Force Majeure Updated On Mon, Mar 23rd, 2020 by Saurenergy MNRE has directed its implementing agencies to treat delay on account of disruption of the supply chains due to the spread of coronavirus as Force Majeure. The Ministry of New and Renewable Energy (MNRE) has announced that all Renewable Energy implementing agencies of the MNRE have been directed to treat delay on account of disruption […] Read more
Govt Extends Phase-II of Atal Jyoti Yojana Till Mar 2021; EESL to Float New Tender Updated On Fri, Mar 6th, 2020 by Saurenergy After subdued progress in the installation of solar street lights, the Government has extended the second phase of its Atal Jyoti Yojana (AJAY) for a period of one year till March 31, 2021. The move came after the instructions issued by the Finance Ministry’s Expenditure Department on continuation and extension of public funded ongoing schemes. […] Read more
Synergy Needed Among Architects, Real Estate Developers, Govt to Deliver Green Buildings: Sanjay Seth Updated On Wed, Feb 26th, 2020 by Saurenergy Synergy is required amongst the architects, the real estate developers and the government to design and deliver green buildings. Green buildings are still perceived to be expensive by the end users. While there have been steps taken to orient the market towards a life-cycle approach in estimating the financial implication of construction, operational savings due […] Read more
