India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] Read more
Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores Updated On Thu, Sep 1st, 2022 by Saurenergy Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […] Read more
NTPC & NPCIL Look To Add Two More Nuclear Power Plants Updated On Fri, Aug 26th, 2022 by Saurenergy India’s largest power producer National Thermal Power Corporation Limited (NTPC) is mulling to develop a big nuclear project in India to give a thrust to clean energy. Earlier in August, the central PSU had announced that it is making its debut in the nuclear power segment by constructing two reactors in Haryana’s Gorakhpur. According to […] Read more
NTPC Commissions 10 MW Out of 20 MW Gandhar Solar Project in Gujarat Updated On Wed, Aug 24th, 2022 by Saurenergy India’s largest energy conglomerate NTPC has revealed that the enterprise’s first part (10 MW) of 20 MW Solar PV Project in Gandhar, Gujarat has achieved completion. This has made it the fourth-most successful renewable energy project commissioned in the month of August. NTPC shared, “Consequent upon successful commissioning, the first part capacity of 10 MW […] Read more
POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues Updated On Fri, Aug 19th, 2022 by Saurenergy According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […] Read more
DUAD Issues Tender for Supply Of Solar PV Power Project Updated On Wed, Aug 10th, 2022 by Saurenergy Directorate Urban Administration and Development (DUAD) has floated a solar tender for supply power to set up 2X 10.5 MW capacity Solar PV collocated, on the land identified in District Neemuch in the state of Madhya Pradesh. The tender mentions that the last date for online submission of the bids is September 08, 2022, till […] Read more
Stung By Gas Volatility, GAIL Plans Bigger Clean Energy Footprint Updated On Wed, Aug 10th, 2022 by Saurenergy Gas major GAIL (Gas Authority of India Limited), which owns the largest gas pipeline network in India besides a presence across the gas value chain, especially the distribution side of it, is quietly adding a larger clean energy component to its future plans. After announcing it’s strong Q1 results for FY 23, the company, which […] Read more
Two Of The Four Gujarat State Discoms Top All-India Integrated Rating Updated On Mon, Aug 8th, 2022 by Saurenergy In the 10th Integrated Rating of Power Distribution Utilities, published by the Union Power Ministry, two of the four state-owned power distribution firms (DISCOMS) of Gujarat have emerged on top. Dakshin Gujarat Vij Company Limited (DGVCL) and Madhya Gujarat Vij Company Limited (MGVCL), two of the 71 discoms evaluated, took the top two spots, while […] Read more
