Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19 Updated On Mon, Apr 22nd, 2019 by Saurenergy India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs Updated On Wed, Feb 6th, 2019 by Saurenergy The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […] Read more
Modi Dedicates 220 kV Srinagar-Leh Transmission Line to the Nation Updated On Mon, Feb 4th, 2019 by Saurenergy The implementation of the project was aimed to supply power to the people of Ladakh round the year and further the evacuation of surplus power of Kargil & Leh Hydel stations of NHPC in summers. Prime Minister Narendra Modi while inaugurating various development projects in Leh and Ladakh during his recent visit, dedicated the 220 […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more
