Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Apraava Energy Bags New Energy Transmission Project In Madhya Pradesh Updated On Mon, Feb 12th, 2024 by Saurenergy Apraava Energy, a leading integrated energy solutions provider, announced today that it has secured a new greenfield interstate transmission project in Madhya Pradesh through the Government of India’s Tariff-Based Competitive Bidding (TBCB) process. The project involves setting up of ~ 40 kms of 765 kV double-circuit transmission lines and a 3,000 MVA substation. This is Apraava’s […] Read more
Sterlite Announces Fin Closure For Beawar Project From REC Updated On Mon, Feb 12th, 2024 by Saurenergy In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […] Read more
JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand Updated On Mon, Feb 12th, 2024 by Saurenergy Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender Updated On Fri, Feb 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […] Read more
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
SJVN Receives LoI For 200 MW Solar Power Project From GUVNL Updated On Thu, Feb 8th, 2024 by Saurenergy Satluj Jal Vidut Nigam (SJVN) Limited recently received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Power Project in GUVNL Phase XXII. SJVN Chief Managing Director (CMD) Geeta Kapur, informed on the social media platform X, “SJVN has received a Letter of Intent from Gujarat Urja Vikas […] Read more
The Pushback Against China’s Dominance In Solar Manufacturing Updated On Thu, Feb 8th, 2024 by Saurenergy Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […] Read more
