Author: Saur News Bureau

JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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Kerala Automobiles Limited Gets Orders for 100 E-Autos

Kerala Automobiles Limited (KAL) has secured a significant order for 100 e-autos to be delivered to Maharashtra, Chhattisgarh, and Madhya Pradesh. The order was placed through Arenq, KAL’s partner company. Arenq is actively working towards obtaining approval for KAL’s e-autos to operate in Punjab, Gujarat, Tamil Nadu, and Karnataka. Once approved, KAL’s e-autos equipped with […]

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Universal Transfomers Wins WBPDCL’s 5 MW Floating Solar Tender

West Bengal Power Development Corporation Limited (WBPDCL) has awarded Universal Transformers a 5 MW floating solar project for its design, engineering, procurement, supply, erection, testing and commissioning on RW pond at Sagardighi Thermal Power Project. The contract has been as part of an aggregate capacity of 22.5 MW floating solar power plants tender issued by […]

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CERC Grants Additional Time To HPX To Meet Min Net Worth Norm

The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth […]

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Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio

Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […]

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EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem

A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […]

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1C Charging Joins The EV Rush With Charging Solutions

India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029. With growing sales of EV, various brands are also emerging […]

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SECI Issues Tender To Study Solar Project Feasibility In South Andaman

The Solar Energy Corporation of India (SECI) has issued a tender today seeking bidders who could undertake technical studies in South Andaman to develop regional solar projects. The central agency has now sought agencies to conduct the geotechnical study and topography survey near the Mithakhari site in the South Andaman district of Andaman and Nicobar […]

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