PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
SECI Confirms Migration of Tenders From TCIL to ISN-ETS Updated On Mon, Jul 1st, 2019 by Saurenergy With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
SECI Signs PSAs Worth 600 MW with two State Discoms Updated On Fri, Jun 28th, 2019 by Saurenergy SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […] Read more
Dispute Resolution Committee Takes Shape as Power Minister Selects Members Updated On Thu, Jun 27th, 2019 by Saurenergy In a major decision to facilitate the solar and wind energy projects R K Singh, Power Minister has selected the members of the Dispute Resolution Committee In a major decision to facilitate the solar and wind energy projects, R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved […] Read more
RK Singh Assures Support for Power, RE Sector Development in Raj Updated On Sat, Jun 22nd, 2019 by Saurenergy During the meeting, RK Singh asked Rajasthan Energy Minister, Kalla, to further improve the power sector in the state. The Union Power Minister Raj Kumar Singh, in continuation of his second term in the Modi government, met with the Energy Minister of Rajasthan, BD Kalla, in New Delhi and assured him of all possible support […] Read more
Greenspur’s Permanent Magnet Generator Could Unleash 25 MW Offshore Turbines Updated On Wed, Jun 19th, 2019 by Saurenergy A permanent magnet generator concept, developed by Greenspur Renewables, could open the door for engineers to design giant 25MW offshore wind turbines. A new-generation direct-drive permanent magnet generator (PMG) concept, developed by British start-up Greenspur Renewables, could potentially open the door for engineers and developers to design giant 25MW offshore wind turbines. The concept design […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
