Sterling & Wilson Solar IPO Records 9% Subscription on Day 1 Updated On Wed, Aug 7th, 2019 by Saurenergy The IPO of Sterling & Wilson Solar was subscribed 9 percent on the first day of bidding on August 6, 2019. The initial public offer (IPO) of Sterling & Wilson Solar Ltd was subscribed 9 percent on the first day of bidding on August 6, 2019. The IPO through which the company plans to raise about Rs […] Read more
UP Offers 25% Rebate on Land for Setting up EV Charging Points Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh government has decided to give a rebate of 25 percent on the market rate of land for establishing EV charging units. The Uttar Pradesh government announced its decision to give a rebate of 25 percent on the market rate of land for establishing charging units for electric vehicles (EV). The state cabinet chaired by […] Read more
UP Govt Clears State’s First Floating Solar Project on Rihand Dam Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh cabinet has cleared what will be the state’s first floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar PV power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first floating solar power plant in the state and […] Read more
Air India SATS, Visaka Industries Join Hands for Solar Roofing Solutions Updated On Tue, Aug 6th, 2019 by Saurenergy This off-grid solution can work up to 6 hours with-holding a weight of over 300 kgs on the roof, and powers 2 air conditioners of 0.75 tons each. In a bid to offer solutions that can save significant amount of energy, publicly traded company Visaka Industries has provided its integrated solar roofing system, ATUM, to […] Read more
NTPC Issues IFB for 20 MW Floating Solar Project in UP Updated On Tue, Aug 6th, 2019 by Saurenergy NTPC has invited bids for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power Plant in Uttar Pradesh. NTPC has issued an Invitation for Bids (IFB) from eligible parties for the development of 20 MW floating solar power project at the reservoir of NTPC Auraiya Gas Power […] Read more
Exide and Leclanche JV to Begin Li-ion Battery Manufacturing Soon Updated On Tue, Aug 6th, 2019 by Saurenergy Exide Industries is planning to start manufacturing of Li-Ion batteries from its JV plant with Leclanche in Gujarat by end of this calendar year India’s largest storage battery maker Exide Industries is planning to start manufacturing of lithium-ion (Li-Ion) batteries from its joint venture plant in Gujarat by end of this calendar year, according to a […] Read more
Anchor Investments Yield Rs 1,406 cr for Sterling and Wilson Solar Updated On Tue, Aug 6th, 2019 by Saurenergy IPO bound Sterling and Wilson Solar has raised Rs 1,406 crore from anchor investments by allotting 1,80,28,846 equity shares Initial public offering (IPO)-bound Sterling and Wilson Solar Ltd has revealed that it has raised Rs 1,406 crore from 27 anchor investors by allotting 1,80,28,846 equity shares at the upper band price of Rs 780 ahead of […] Read more
India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more
Shell to Generate 7500 MWh Solar Power From new Rooftop Plants Updated On Tue, Aug 6th, 2019 by Saurenergy Shell will be installing rooftop solar plants on seven of its plants in India, China, Italy, Singapore and Switzerland, which will generate 7,500 MWh of power annually. Lubricants major Shell has announced that it will be installing rooftop solar plants on the roofs of seven of its plants in India, China, Italy, Singapore and Switzerland, which […] Read more
