Author: Saur News Bureau

Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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5 Indian Solar Firms With Plans To ‘Make In USA’

Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […]

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UPNEDA To Develop Solar Project In Mau On Govt Land

The Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has now decided to develop a solar project in Mau district on government land. The state nodal agency for green energy has now also issued a tender in this regard for developing a 5 MW of solar project in the region. The last date of tender […]

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Karnataka: KERC Issues Rules To Transit Towards Smart Meters

The Karnataka Electricity Regulatory Commission (KERC) has announced new regulations to retrofit existing meters with smart modules. These regulations are titled the KERC (Smart Modules For Existing Digital/Static Meters) Guidelines, 2024. The state power regulator noted that when phasing out existing digital and static meters compliant with IS 15884 is not feasible due to their […]

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MNRE Forms Panel To Frame Norms For Solar Cold Storages

To boost the growth of solar-powered cold storages in the country, the Ministry of New and Renewable Energy (MNRE) has issued a notification announcing the formation of a special panel. The ministry stated that this new Technical Committee will help review the draft specifications for solar cold storages. “A Technical Committee has been constituted under […]

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IREDA Expands Horizon Woth International Credit Rating from S&P

Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of […]

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