Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021 Updated On Wed, May 27th, 2020 by Saurenergy Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally. […] Read more
NTPC Tenders for EPC Package for 600 MW Solar PV Projects Updated On Wed, May 27th, 2020 by Saurenergy NTPC Ltd has invited bids for the EPC Package with land for the development of ISTS grid-connected solar PV projects up to 600 MW capacity. NTPC Ltd has issued an Invitation for Bids (IFB), inviting bids from eligible bidders for the EPC Package with land for the development of ISTS grid-connected solar PV projects up […] Read more
GE Power India Designates Mahesh Palashikar as Chairman Updated On Wed, May 27th, 2020 by Saurenergy GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman effective from Wednesday i.e. May 27, 2020. Palashikar succeeded Vishal Keerti Wanchoo due to his retirement on attaining the age of superannuation. The decision of Palashikar’s appointment has been taken by the Board of Directors of the company during […] Read more
Heatwave Comes to the Rescue of Delhi’s Power Demand Updated On Wed, May 27th, 2020 by Saurenergy Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions. Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions, distribution company officials have said. At 5,268 MW past […] Read more
PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh Updated On Wed, May 27th, 2020 by Saurenergy PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […] Read more
Germany’s GIZ to Help Southern India Balance its Renewable Resources Updated On Wed, May 27th, 2020 by Saurenergy Germany’s GIZ has commissioned a study for southern India to aid in balancing the energy supply from wind and solar and energy demand in the region DNV GL, the world’s largest resource of independent energy experts and certification body, has been contracted by Germany’s development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to conduct a […] Read more
EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’ Updated On Tue, May 26th, 2020 by Saurenergy Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19 Updated On Tue, May 26th, 2020 by Saurenergy Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […] Read more
