Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt Updated On Mon, Jun 24th, 2019 by Saurenergy Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […] Read more
RK Singh Assures Support for Power, RE Sector Development in Raj Updated On Sat, Jun 22nd, 2019 by Saurenergy During the meeting, RK Singh asked Rajasthan Energy Minister, Kalla, to further improve the power sector in the state. The Union Power Minister Raj Kumar Singh, in continuation of his second term in the Modi government, met with the Energy Minister of Rajasthan, BD Kalla, in New Delhi and assured him of all possible support […] Read more
Revolt Intellicast Unveils India’s First AI-Powered Electric Bike ‘RV 400’ Updated On Sat, Jun 22nd, 2019 by Saurenergy Gurgaon-based startup Revolt Intellicast has unveiled its new Revolt RV 400 AI enabled electric motorcycle in India. The electric bike is India’s first motorcycle to come powered by Artificial Intelligence and can be controlled by an app and Bluetooth connectivity. The Revolt RV 400 will be available for pre-order on June 26 from the company […] Read more
Andhra Pradesh to Procure 350 Electric Buses For Rs 764 Cr Updated On Sat, Jun 22nd, 2019 by Saurenergy Andhra Pradesh will shortly procure 350 electric buses to will ply in Vijayawada, Amaravati, Visakhapatnam, Tirupati and Kakinada on a pilot basis. In a major push to eco-friendly public transport in Andhra Pradesh, public carrier APSRTC will shortly procure 350 electric buses. The electric buses will ply in Vijayawada, Amaravati, Visakhapatnam, Tirupati and Kakinada on a pilot […] Read more
CRISIL Warns About Government Plan to Add 78K Fuel Pumps Updated On Fri, Jun 21st, 2019 by Saurenergy Ratings and advisory Firm CRISIL has released a report yesterday warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In a report titled ‘Outlet Overkill‘, CRISIL has […] Read more
As 20 Delhi Schools Get Solar Power, 80 More To Join Updated On Fri, Jun 21st, 2019 by Saurenergy The move is in line with the Delhi government’s flagship program to make the national capital a solar city in the coming years. Astoundingly, the returns from the government’s investment seem to be over 15%, based on government figures According to Delhi’s Department of Education, solar panel installation has been completed in 21 school buildings […] Read more
TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
Government Stressing on Infrastructure and Electric Vehicles: President Updated On Fri, Jun 21st, 2019 by Saurenergy In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […] Read more
Ostro and Adani Win SECI’s 1200 MW Tranche-VI Wind Auction Updated On Fri, Jun 21st, 2019 by Saurenergy Ostro Energy and Adani Green Energy Park have emerged as winners in SECI 1200 MW ISTS-connected wind power projects under Tranche-VI. Ostro Energy Pvt. Ltd. and Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Ltd. (AGEL) have emerged as winners in the 1200 MW ISTS-connected wind power projects under Tranche-VI. According […] Read more
