Sterlite Power Advances Biz Strategy Post Selling 3 Assets in Brazil for About $100 Mn Updated On Mon, Mar 23rd, 2020 by Saurenergy Sterlite Power, which is among the leading global developers in the power transmission space, has achieved major milestone in Brazil by selling three assets i.e. Arcoverde, Novo Estado and Pampa from its portfolio for about USD 100 million (BRL 566 million). Post divestment of these assets, the company, now, has seven projects in different Brazilian regions, […] Read more
Tender Issued for 2000 MW Wind Power Projects in India Updated On Mon, Mar 23rd, 2020 by Saurenergy SECI has tendered for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX. The Solar Energy Corporation of India (SECI) has issued a tender for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in […] Read more
Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh Updated On Thu, Mar 19th, 2020 by Saurenergy RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […] Read more
Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm Updated On Thu, Mar 12th, 2020 by Saurenergy One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […] Read more
SECI Gets Approval to Buy Power From 840 MW Wind-Solar Projects Updated On Tue, Mar 3rd, 2020 by Saurenergy SECI has received CERC approval for adoption of tariff that was discovered for 840 MW wind-solar hybrid power projects under the Tranche-I tender The Solar Energy Corporation of India (SECI) has seen its petition, for approval of tariff discovered through a competitive bidding process for 840 MW wind-solar hybrid power projects (Tranche-I) connected to the […] Read more
NTPC Invites Bids for Development of Wind Projects Worth 600 MW Updated On Mon, Mar 2nd, 2020 by Saurenergy NTPC Ltd has issued an IFB for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere in India. NTPC Ltd has issued an Invitation for Bids (IFB), inviting online bids from eligible bidders for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere […] Read more
NTPC Designated RE Implementing Agency for Long Term Access in ISTS Network Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has designated state-owned NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
