Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
Tata Motors Bags Biggest EV Fleet Order From BluSmart Updated On Mon, Jun 6th, 2022 by Saurenergy Close on the heels of the $50 million fund raise by BlueSmart, it has placed an order for 10,000 XPRES T EVs with Tata Motors, presently the largest four wheeler EV manufacturer and seller in the country,. This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries […] Read more
Tata Motors to help BluSmart Mobility Expand EV Fleet in Delhi-NCR Updated On Fri, Oct 29th, 2021 by Saurenergy Automaker Tata Motors has signed an Memorandum of Understanding (MoU) with BluSmart Mobility, a ride-hailing mobility service, for expanding their all-electric fleet multi-fold across Delhi NCR. Tata will supply 3,500 XPRES T EVs as part of the deal. According to Mr. Ramesh Dorairajan, Head – Electric Vehicles (Commercial), Tata Motors, “With the XPRES- T EV, Tata […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more