Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
MAHAGENCO Invites Bids For 200 MW Solar Plant Updated On Sat, Aug 26th, 2017 by Saurenergy Maharashtra State Electricity Generation Company has invited bids of 50 MW each to be developed across the western, western/northern, Vidarbha and the Marathwada regions of the state to in public private partnerships. As a part of its plan to set up 2,500-mw solar capacity over the next five years, the state- run generation company Mahagenco […] Read more
IBC SOLAR signs PPA with SECI for a 20 MW AC solar power plant in Odisha Updated On Mon, Aug 21st, 2017 by Saurenergy The project is part of 270 MW AC PV tender in the state of Odisha and was assigned to IBC SOLAR through a competitive bidding process during 2016. The PV system is planned to be put into operation by late 2017. IBC SOLAR AG has signed a Power Purchase Agreement (PPA) for a 20 MW […] Read more
MAHAGENCO Floats tender for 110 MW of solar power projects in the state Updated On Sat, Aug 19th, 2017 by Saurenergy The 60 MW grid Interactive Solar PV power plant will be developed at various locations of Tembhu, Tal. Karad, Dist. Satara to cater the load of Tembhu lift irrigation scheme on boot basis. Maharashtra State Power Generation Company (MAHAGENCO) has floated tendered for two (60 +50 MW) solar projects in the state. The 60 MW […] Read more
Implementation of GST to Hit Solar Capacity Addition in 2018 Updated On Tue, Aug 8th, 2017 by Saurenergy 2018 will be a different story for the solar industry because of confusion over applicability of the GST on solar products, and this will affect the solar addition capacity in coming year. India has installed around 4800MW solar capacity in the in calendar year 2017, compared to 4038MW commissioned in 2016. Also, it is expected […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
ISA to Float Global Tender for 5 Lakh Solar Pumps Sets Before December Updated On Fri, Jul 28th, 2017 by Saurenergy International Solar Alliance is going to make a small global tender for five hundred thousand pump sets. Five Hundred thousand solar pump sets for the farmers in 121 countries means 500 thousand families lives can be changed. International Solar Alliance (ISA) plans to come out with a global tender this year for price discovery of […] Read more
Chandigarh’s Solar Power Ambitions Hit Roadblock Updated On Thu, Jul 27th, 2017 by Saurenergy Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […] Read more
Jaipur Metro Rail’s Rooftop Solar Plant Project Hits Blockade Updated On Wed, Jul 26th, 2017 by Saurenergy The approval for installation of Rooftop Solar Plant was received by the Centre, but the proposal failed to take off as permission was not received from the state government. The Jaipur Metro Rail Corporation’s (JMRC) plans to make its station energy self-sufficient by installing rooftop solar plant has hit a roadblock. Under the Central government’s […] Read more
