CERC Declines Relief To Adani Firm Over Delayed Karnataka Wind Project Updated On Thu, May 2nd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give relief to Adani Renewable Energy Seven Limited (ARSEL). The company had moved to the central commission seeking relief against any possible coercive action from the Solar Energy Corporation of India (SECI). The petitioner–ARSEL is a Special Purpose Vehicle (SPV) of its parent […] Read more
FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects Updated On Tue, Apr 30th, 2024 by Saurenergy REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […] Read more
NTPC Plans To Use Solar For Crematorium On A Pilot Basis Updated On Tue, Apr 30th, 2024 by Saurenergy NTPC is now planning to setup a crematorium that can use solar thermal technology. The Central Public Sector Enterprise (CPSE) has planned to take up this unique project on a pilot basis. The government entity had also issued a tender last month in this regard seeking developers. NTPC said that the traditional ritual of cremation […] Read more
CERC Orders Compensation To NTPC Over ‘Change Of Law’ Event Updated On Tue, Apr 30th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to NTPC Limited over a surge in Goods and Services Tax (GST). The public sector utility had moved to the CERC seeking compensation for the increased project costs due to the increased taxation. The case was related to two solar projects with a […] Read more
April ALMM List-As Capacity Touches 44.6 GW, First Solar Makes Entry Updated On Mon, Apr 29th, 2024 by Saurenergy The latest released Approved List Of Module Manufacturers (ALMM), released by the Ministry of New and Renewable Energy (MNRE) on April 29 pegged the total enlisted module manufacturing capacity at 44.6 Gigawatt (GW). This is as against the earliest enlisted capacity of 41.5 GW. Accounting for a significant part of the jump in the domestic […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
CATL To Power Beijing Hyundai Electric Models With CTP Technology Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […] Read more
KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too Updated On Mon, Apr 22nd, 2024 by Saurenergy Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income. The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […] Read more
Ganesh Srinivasan Joins KEC International As President-T&D Updated On Mon, Apr 22nd, 2024 by Saurenergy Ganesh Srinivasan, who was working as the Chief Executive Officer (CEO) of Tata Power-DDL (Delhi Distribution Limited) till recently has now joined KEC International Ltd. Srivasan, who has vast experience in the power transmission and distribution business will now work as the President-Transmission & Distribution in the company. KEC International Limited is a company of […] Read more
