NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh Updated On Tue, Mar 5th, 2024 by Saurenergy NGEL (NTPC Green Energy Ltd) has signed a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for development of renewable power parks in the state. The JV was signed on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh. The […] Read more
IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar Updated On Mon, Mar 4th, 2024 by Saurenergy Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia, today virtually inaugurated India’s 1st green hydrogen plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar. The inauguration witnessed the presence of the Secretary, of the Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, […] Read more
TSSIA Hosts Business Meet, Highlights PM Suryoday Yojana, Other Schemes Updated On Mon, Mar 4th, 2024 by Saurenergy The Solar System Integrators Association (TSSIA) hosted a business meeting on 2nd March in Noida regarding initiatives undertaken by the government such as PM Suryoday Yojana. The event was sponsored by Urja Sathi (Solar E-Commerce Portal), Delhi Solar, SHS Energies, and EVVO. The event aimed to foster dialogue, collaboration, and innovation within the solar energy […] Read more
SCCL To Set Up 800 MW Solar Plants On Reservoirs In Telangana Updated On Mon, Mar 4th, 2024 by Saurenergy Singareni Collieries Company Limited (SCCL) is planning to set up about 800 MW solar plants on huge reservoirs. The Chairman and Managing Director of SCCL said Saturday that the company would set up about 800 MW solar plants on huge reservoirs with the approval of the State government. Singareni had already set up 234 MW […] Read more
Tata Motors Flags-Off Commercial Electric Vehicles To Tata Steel Updated On Mon, Mar 4th, 2024 by Saurenergy Tata Motors recently flagged off its next-generation, green-fuel-powered commercial vehicles to Tata Steel. The company has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine, and Hydrogen Fuel Cell technology. It showcased the widest range of alternate fuel-powered commercial vehicles at Auto Expo […] Read more
Centre Amends Electricity, Late Payment Surcharge Rules 2022 Updated On Mon, Mar 4th, 2024 by Saurenergy The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […] Read more
Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years Updated On Mon, Mar 4th, 2024 by Saurenergy Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […] Read more
Australian Energy Firms AGL, Someva Renewables Form JV To Develop Green Energy Park Updated On Mon, Mar 4th, 2024 by Saurenergy Australian Energy company AGL and renewable energy developer Someva Renewables have today announced a Joint Venture (JV) to develop Pottinger Energy Park, which is expected to consist of a 1.2 GW wind farm, 300 MW solar farm, and 500 MW / 2000 MWh battery energy storage system (BESS). The proposed Pottinger Energy Park is located […] Read more
