REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank Updated On Tue, Aug 14th, 2018 by Saurenergy This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […] Read more
Ikea’s Hyderabad Store to use Solar-powered Rickshaws for Delivery Updated On Tue, Aug 14th, 2018 by Saurenergy The solar powered auto rickshaws will be run by electric motors which will source energy from batteries which will be charged at the Ikea’s solar facility fitted with around 4,000 rooftop solar panels. Excess energy will be used by the store inside. Sweden based MNC furniture and home accessories company, Ikea has opened its store […] Read more
Orient Electric Gets BEE 5-Star Rating for LED Bulbs; Becomes India’s First Brand Updated On Tue, Aug 14th, 2018 by Saurenergy The company’s 9W 5-star rated LED bulb meets BIS safety standards, has long life of 25000 hours, and delivers 120 lumens per watt. CK Birla Group company Orient Electric has become the first Indian lighting brand to have been awarded 5-Star rating for its 9W LED bulb by BEE (Bureau of Energy Efficiency). The company’s […] Read more
Mumbai to have 50 EV Charging Stations in 3 Months Updated On Tue, Aug 14th, 2018 by Saurenergy All the 50 EV charging stations in Mumbai are expected to be ready for use in the next 3 months. Mumbai Government has awarded contract for developing its first 50 Electric Vehicles Charging Station to electric giant Solar Group, which will mark the start of its new electric vehicle policy. All the 50 EV charging […] Read more
PFC Appoints PK Singh as Director-Commercial Updated On Tue, Aug 14th, 2018 by Saurenergy Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […] Read more
NDMC to Install ‘Solar Tree’ under Smart City Project Updated On Tue, Aug 14th, 2018 by Saurenergy The batch included free Wi-Fi, solar tree, ideation center, interactive LED screens installation, two hi-tech nurseries, four mechanical road sweepers, two litter picking machines and 10 auto tippers undertook by NDMC. The government seems to ‘kill two birds with one stone’ as Home Minister Rajnath Singh asserts to install solar tree in Delhi under the […] Read more
Mahindra Group Organizes Meet on India’s Ambition on Climate Change Updated On Tue, Aug 14th, 2018 by Saurenergy The event had a panel discussion with Dr Ajay Mathur, Director General, The Energy Research Institute (TERI), Dr Arunabha Ghosh, Chief Executive Officer, Council on Energy, Environment & Water (CEEW) and moderated by Anirban Ghosh, Chief Sustainability Officer, Mahindra Group. Stepping up ambition on the climate related actions being taken by India, Mahindra group organized […] Read more
MNRE Tweaks ‘storage’ in Wind-Solar Hybrid Policy Updated On Tue, Aug 14th, 2018 by Saurenergy The ministry has emphasized on the use of pumped hydro, compressed air and flywheel technology for the power storage purposes. Widening the scope of power storage in its Wind-Solar Hybrid Policy, MNRE has removed the word ‘battery’ from certain clauses in order to encourage use of other means of power storage devices. Further, the ministry […] Read more
Gov’t May Single out PGCIL for 25 Power Transmission Contracts Updated On Tue, Aug 14th, 2018 by Saurenergy The private sector has also alleged the government authorities behind the move for being biased towards the state-run PGCIL. The government is thinking of awarding 25 small and medium-sized power transmission contracts to the state-run Power Grid Corporation of India (PGCIL). A government official close to development said, “National Committee on Transmission has recommended that […] Read more
