Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
Slowdown in Power Generation Decline Seen as a Sign of Recovery Updated On Thu, Aug 6th, 2020 by Saurenergy The rate of decline in power generation in the past few months have slowed down in July, this slowdown is being seen as a sign of recovery. According to data made available by government resources, the rate of decline in power generation in the past few months has slowed down in July. This slowdown is […] Read more
India’s Top 5 Power Producers And their Renewable Energy Plans Updated On Tue, Aug 4th, 2020 by Saurenergy In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […] Read more
Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh Updated On Thu, Jul 30th, 2020 by Saurenergy State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […] Read more
Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility Updated On Wed, Jul 29th, 2020 by Saurenergy Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […] Read more
PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
MNRE Puts ‘One World One Sun One Grid’ on Hold Updated On Tue, Jul 28th, 2020 by Saurenergy MNRE has announced that the RfP for the central governments’ One World One Sun One Grid’ initiative has been put on hold until further notice. The Ministry of New and Renewable Energy (MNRE) has announced that the Request for Proposals (RfP) for the central governments’ One World One Sun One Grid’ initiative has been put […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
Maharashtra Forms new Committee to Frame Solar Power Policy Updated On Mon, Jul 27th, 2020 by Saurenergy The Maharashtra energy minister Nitin Raut has said that the state energy department has set up a new committee to frame Maharashtra’s new Solar Power Policy The Maharashtra energy minister Nitin Raut has announced that the state energy department has set up a new committee to frame the state’s new Solar Power Policy. The high-power […] Read more
