ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
Decentralized Solar Offers Energy Solutions In Climate Vulnerable Regions in India Updated On Mon, May 10th, 2021 by Saurenergy A significant section of rural India lives in areas which are prone/accustomed to climatic adversities. Hence, people living in these regions are greater risk of being underserved, and hence, impoverished. Although there have been significant improvements in India’s rural household electrification, electricity availability for health centers, schools, and rural enterprises is still limited. A new […] Read more
IndiGrid Completes India’s Largest Transmission Asset Acquisition Updated On Sat, Mar 27th, 2021 by Saurenergy IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […] Read more
ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India Updated On Thu, Mar 25th, 2021 by Saurenergy ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […] Read more
TCIL Seeking Partners for Solar Projects in 5 GW CPSU Tender by IREDA Updated On Fri, Mar 19th, 2021 by Saurenergy TCIL is seeking a partner to bid and develop solar projects under the 5 GW CPSU solar tender issued by IREDA. Telecommunications Consultants India Limited (TCIL) has issued an Expression of Interest (EOI), seeking bids from eligible firms for the selection of a partner for setting up grid-connected solar PV power projects in India under […] Read more
Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report Updated On Wed, Mar 10th, 2021 by Saurenergy India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […] Read more
Israeli Solar Cleaning Firm Airtouch Raises $18 Million in IPO Updated On Mon, Mar 8th, 2021 by Saurenergy Israel-based cleaning solutions provider for solar panels, Airtouch Solar has joined the Tel Aviv Stock Exchange. It completed an Initial Public Offering (IPO). It raised USD 18 million at a company post-money valuation of USD 124 million, primarily from leading institutional investors in the Israeli capital market. The company said that the IPO was led […] Read more
NCRTC Tenders for 11 MW Rooftop Solar Systems on Delhi-Ghaziabad-Meerut RRTS Corridor Updated On Mon, Mar 8th, 2021 by Saurenergy NCRTC has tendered for 11 MW rooftop solar projects on RESCO Model along its Delhi-Ghaziabad-Meerut RRTS Corridor. The National Capital Region Transport Corporation Ltd. (NCRTC), a joint venture company of the Government of India and participating states (NCT of Delhi, Haryana, Rajasthan, and Uttar Pradesh), which is mandated for implementing the Regional Rapid Transit System […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
