Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Emmvee Commissions 700 kWp Rooftop Solar Project for Balaji Technologies Updated On Fri, Jan 8th, 2021 by Saurenergy Emmvee has commissioned a 700 kWp rooftop solar project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. Leading domestic solar module manufacturer and solar solutions provider Emmvee has announced that it has commissioned a rooftop solar PV project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. The 700 kWp […] Read more
“BIS Certification Should Be a Must For All Government Tenders”, Brijesh Prajapati Updated On Thu, Jan 7th, 2021 by Saurenergy Brijesh Prajapati, Managing Director, SofarSolar, a leading inverter firm from China, is gung ho about the prospects for his firm in India. The 7 year old SofarSolar is a young firm like many others in the sector, but has moved quickly to grab emerging opportunities in solar, especially in Hybrid Inverters linked with storage. Recently […] Read more
PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO Updated On Thu, Jan 7th, 2021 by Saurenergy Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […] Read more
Tata Power to Develop 110 MW Solar Project for KSEBL Updated On Thu, Jan 7th, 2021 by Saurenergy Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
Deadline Extension for 100 MW Solar Plus 40 MW Storage Tender for Chhattisgarh Updated On Thu, Jan 7th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for commissioning of 100 MW solar along with a 40 MW Storage in Chhattisgarh. The Solar Energy Corporation of India (SECI) has announced that it has once again extended the bid submission deadline for its tender for commissioning of a 100 MW (ac) solar project […] Read more