Power Thefts: RERC Asks Discoms To Recover Fuel Charges Too Updated On Mon, Aug 7th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the state discoms to recover fuel surcharges in addition to the recovery of electricity charges from power consumers indulged in unauthorized connections. The order came to the fore after three discoms in Rajasthan–Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), Ajmer Vidyut Vitran Nigam Ltd. (AVVNL) […] Read more
Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
Tata Motors Now Have More Than 600 Operational E-Buses Updated On Mon, Aug 7th, 2023 by Saurenergy India’s multinational automotive manufacturing company Tata Motors now has more than 600 operational electric buses plying in the country. The company recently shared the information in its latest investors conference call during the discussion on the Q1 FY24 financial results. According to the automobile firm, during the Q1 of FY24 itself, the company deployed around […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy Read more
India’s Installed Power Capacity Twice Its Peak Demand: Singh Updated On Fri, Aug 4th, 2023 by Saurenergy Union Power Minister RK Singh said today that India’s total installed electricity generation capacity is now almost double its peak demand. He also boasted that due to the transformation of the Indian power sector, the export of power to neighboring countries became a reality. The minister said, “Today, India has an installed capacity of 421,000 […] Read more
Jharkhand Releases Tender For O&M of 212 Mini-Grids Updated On Fri, Aug 4th, 2023 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has now issued tenders to outsource the Comprehensive Maintenance Contract & Operation (CMCO) of 212 solar mini-grids/microgrids installed in seven districts of the state. The state nodal agency has asked the prospective bidders to submit their bids by the end of August 22. JREDA will open the technical bids […] Read more
Singapore’s Temasek to Invest INR 12,000 Cr in Mahindra & Mahindra EV Arm Updated On Fri, Aug 4th, 2023 by Saurenergy Major automobile firm Mahindra and Mahindra Ltd (M and M) has revealed that investment firm Temasek, based out of Singapore, will be investing INR 1,200 crore in Mahindra Electric Automobile Ltd (MEAL), which is the Electric Vehicle (EV) subsidiary of Mahindra & Mahindra. The EV arm manufactures four-wheeled EVs. An agreement towards this has been […] Read more
KERC Extends Deadline For Installation of AMR Meters Updated On Fri, Aug 4th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has now ordered an extension of the deadline for the mandatory installation of Automatic Meter Reading (AMR) meters for eligible power entities. It comes after the discoms made a demand for the same. However, the KERC expressed its displeasure over the slow deployment of AMR Meters in the state […] Read more
