Power Demand Dropped 24% in April Due to Lockdown: CRISIL Updated On Thu, May 14th, 2020 by Saurenergy With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […] Read more
India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report Updated On Thu, May 14th, 2020 by Saurenergy Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […] Read more
Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms Updated On Thu, May 14th, 2020 by Saurenergy The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […] Read more
Drones Market Revenue in Power Sector to Touch $515 Mn by 2030 Updated On Wed, May 13th, 2020 by Saurenergy With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […] Read more
REIL Issues NIT for Supply of Multi Crystalline Silicon Solar Cells in Jaipur Updated On Wed, May 13th, 2020 by Saurenergy Central CPSU Rajasthan Electronics & Instruments Limited (REIL) has issued a notice inviting tender (NIT) from interested bidders for rate contract for the supply of multi-crystalline solar cells in Jaipur. The scope of work for the selected bidders will include the supply of multi-crystalline solar cells of 4.50 Watt, 4.60 Watt and 4.67 Watt at […] Read more
NTPC Tenders for HT Switchgear Package for Solar Project in M’rashtra Updated On Wed, May 13th, 2020 by Saurenergy State-owned NTPC, India’s largest energy conglomerate, has floated tender inviting eligible bidders for HT switchgear package of Solapur solar photovoltaic (PV) project at Solapur in Maharashtra. The earnest money deposited (EMD) for the tender is Rs 1 lakh and the tender fee is Rs 1,125 excluding bank charges. Further, the last date and time for document […] Read more
CEL Extends Tender Deadline for Supply of BOS for 2×15 KWp Solar Mini Grid in Bihar Updated On Wed, May 13th, 2020 by Saurenergy State-owned Central Electronics Ltd (CEL) has extended the date for submission of tender for supply of balance of systems (BoS) for 2×15 KWp solar mini-grid in Bihar to May 25, 2020. This is the third time that government has extended the bid submission date for the tender amidst continued lockdown across the country. Now, eligible […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
India Moves Up at 74th Rank in Global Energy Transition Index Updated On Wed, May 13th, 2020 by Saurenergy India has moved up two places and secured the 74th position on the global Energy Transition Index (ETI) after improvements in all key parameters of the economic growth, energy security and environmental sustainability, as per the World Economic Forum (WEF) annual rankings. According to WEF report, coronavirus will compromise the transition to clean energy without an […] Read more
