CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
Zingbus & Sheru Join Hands to Scale Intercity E-mobility Updated On Mon, Jun 5th, 2023 by Saurenergy Intercity bus service provider, zingbus, and Sheru, a provider of innovative battery management and energy storage solutions, have joined forces in a partnership aimed at scaling e-mobility for intercity commutes. Under the strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next five years. Zingbus will […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Project Engineers-I & Trainee Engineer –I Updated On Tue, May 9th, 2023 by Saurenergy Bharat Electronics Limited (BEL) a Navaratna Company and India’s premier professional Electronics Company, under the Ministry of Defence, requires the following personnel on contract basis for Bengaluru Complex. Sl No Post No. of Posts Qualification Minimum Post Qualification Experience as on 01.04.2023 Upper Age limit as on 01.04.2023 Reservation Consolidated remuneration per Month […] Read more
KP Energy Commissions A Further 29.4 MW Of 250 MW Wind Project In Gujarat Updated On Tue, May 9th, 2023 by Saurenergy Balance of solutions provider and EPC firm for the Wind Energy, KP Energy has successfully commissioned 29.4MW (Phase-II) ISTS connected wind power project comprising 14 numbers of WTGs of 2.1MW each at Sidhpur Site in Devbhoomi Dwarka. In a filing with the BSE yesterday, the firm informed that this Phase-II commissioning is a part of […] Read more
CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case Updated On Thu, May 4th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat. The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […] Read more
