Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr Updated On Thu, Feb 13th, 2020 by Saurenergy Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […] Read more
Tata Motors Wins EESL Tender; To Deploy Tigor EVs for UGVCL in Gujarat Updated On Thu, Feb 13th, 2020 by Saurenergy Tata Motors, a USD 44 billion company, on Thursday said that it has won a tender from state-owned Energy Efficiency Services Ltd (EESL) to supply its Tigor Electric Vehicles (EVs) to state power distribution company Uttar Gujarat Vij Company Ltd. (UGVCL). As per the deal, the leading auto manufacturer will deploy Tigor EVs in Gandhinagar […] Read more
Hero Electric Ropes in Piyush Prasad As National Business Head Updated On Thu, Feb 13th, 2020 by Saurenergy Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, […] Read more
Q3 results. Sterling and Wilson Continues To Answer More Questions Updated On Thu, Feb 13th, 2020 by Saurenergy With the fracas over repayment of loans to promoters barely dying down, Sterling and Wilson’s rocky start to its relationship with the markets was supposed to become steadier. Instead, the firm found itself preparing for a barrage of questions, after underwhelming results. Readers might recall the punishment the firm’s stock price took, when it was […] Read more
Govt Asks Solar Manufacturers to Submit List of Items for Basic Custom Duty Exemption Updated On Thu, Feb 13th, 2020 by Saurenergy In a step towards providing further relief to domestic solar manufacturers in the country, the Government on Thursday has asked the solar photovoltaic (PV) manufacturers and related associations to submit their list of items to be included in the Basic Custom Duty (BCD) exemption list. In this regard, the Ministry of New and Renewable Energy […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz Updated On Wed, Feb 12th, 2020 by Saurenergy With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […] Read more
SECI Extends Bid Deadline for its 4 MW Floating Solar With BESS Tender Updated On Wed, Feb 12th, 2020 by Saurenergy SECI has extended the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh BESS tender at Andaman and Nicobar Islands. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh Battery […] Read more
Difficult to Meet India’s 175 GW Renewable Energy Target by 2022: CSE Updated On Wed, Feb 12th, 2020 by Saurenergy India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 GW target by 2022, claims a new report India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 gigawatt (GW) target by 2022, even as its total capacity reached almost 86 GW […] Read more
