MNRE Creates FDI Cell to Process Foreign Investment Proposals Updated On Mon, Jun 8th, 2020 by Saurenergy In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […] Read more
EESL, USAID Unveils ‘Healthy and Energy Efficient Buildings’ Initiative for Workplaces Updated On Fri, Jun 5th, 2020 by Saurenergy With an aim to make workplaces healthier and greener, Energy Efficiency Services Ltd (EESL) jointly with the US Agency for International Development’s (USAID) MAITREE program, has launched the “Healthy and Energy Efficient Buildings” initiative. This initiative was launched on the occasion of World Environment Day. As part of this pilot initiative, EESL has taken the […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Punjab CM Amarinder Singh Welcomes PSERC Move to Trim Power Tariff Updated On Tue, Jun 2nd, 2020 by Saurenergy Punjab Chief Minister Amarinder Singh has hailed the decision taken by the nodal agency Punjab State Electricity Regulatory Commission (PSERC) to slash domestic tariff despite a drop in revenue on the back of coronavirus lockdown. The Minister also hoped that the rates could be further rationalised in the interest of the people. Further, Punjab CM […] Read more
Need for State Govts to Conjointly Responsible for Financial Health of their Discoms: RK Singh Updated On Mon, Jun 1st, 2020 by Saurenergy The Union Minister for Power, R. K. Singh said that there is a need for the state governments to be also conjointly responsible for the financial health of their fully owned power distribution companies (Discoms). Singh said during a meeting with the Finance Commission headed by N.K. Singh on issues relating to the reforms of […] Read more
MSME Solar Parks Feasible When State’s Lower Transmission Charges: Gadkari Updated On Mon, Jun 1st, 2020 by Saurenergy Nitin Gadkari said the entry of MSME in the solar parks sector was a good idea, but would only be viable if state governments reduce transmission charges. Union Minister of Road Transport & Highways of India and Micro, Small and Medium Enterprises (MSME), Nitin Gadkari has said that he believes that the entry of MSME […] Read more
EU Commits to Clean Energy in COVID-19 Recovery Strategy Updated On Fri, May 29th, 2020 by Saurenergy The EU has pledged to stay away from fossil-fueled projects in its COVID-19 recovery strategy, but environmental groups said they were unimpressed. The European Commission (for the EU) has pledged to stay away from fossil-fueled projects in its coronavirus (COVID-19) recovery strategy and to stick to its target of making Europe the first climate-neutral continent […] Read more
PM Emphasizes on Financial Sustainability of Power Sector, Make in India Updated On Thu, May 28th, 2020 by Saurenergy Prime Minister Narendra Modi emphasized the need for improving the financial sustainability of the power sector in order to solve the issues prevailing in the sector especially the power distribution sector. He said during a detailed review meeting held on Thursday evening on the power sector with the Ministry of Power (MoP) and the Ministry […] Read more
