India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
14 West UP Discoms Meet to Take Action Against Defaulters Updated On Wed, May 16th, 2018 by Saurenergy Three contract firms have already been issues show-cause notices for not attending the meeting and a lodging of FIR was ordered against Bareilly based contract firm for its slow progress of work in Moradabad. A surprising meeting was called by discoms of Western UP districts to take stringent measures against some power vendors of the […] Read more
India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister Updated On Wed, May 16th, 2018 by Saurenergy “We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […] Read more
NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India Updated On Wed, May 16th, 2018 by Saurenergy The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA. Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […] Read more
Odisha’s Behrampur Gets Solar-Powered Water Pumps Updated On Wed, May 16th, 2018 by Saurenergy From the deep bore wells the water is lifted with the help of solar-powered motor pumps and thereafter stored in tanks of 5,000-liter capacity. The pumps are fully automatic who would start and stop on their own once the tank is empty or full. In order to provide uninterrupted water supply, Odisha Public Health Engineering […] Read more
