Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
Heatwave Comes to the Rescue of Delhi’s Power Demand Updated On Wed, May 27th, 2020 by Saurenergy Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions. Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions, distribution company officials have said. At 5,268 MW past […] Read more
PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh Updated On Wed, May 27th, 2020 by Saurenergy PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […] Read more
Germany’s GIZ to Help Southern India Balance its Renewable Resources Updated On Wed, May 27th, 2020 by Saurenergy Germany’s GIZ has commissioned a study for southern India to aid in balancing the energy supply from wind and solar and energy demand in the region DNV GL, the world’s largest resource of independent energy experts and certification body, has been contracted by Germany’s development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to conduct a […] Read more
The Project Behind Sterling and Wilson Solars AUD 615 Million Win Updated On Wed, May 27th, 2020 by Saurenergy Last Week, Sterling and Wilson Solar (SWSL) announced its biggest, and second major contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and O&M contract in the country. While the firm didnot disclose the name of the project, it is becoming increasingly apparent that the project is […] Read more
15 GW Renewable In Two years In The EU to Recover From Pandemic Updated On Wed, May 27th, 2020 by Saurenergy The European Commission or EU, is planning a massive 15GW push for renewable energy tenders in the next 2 years to pull the union out of the recession caused by the Covid-19 pandemic. The EU has suffered the highest mortality counts as of now, and countries across the continent have struggled to manage wide, extended […] Read more
KSEDC Seeks Agencies for Installation of Grid Interactive Hybrid Rooftop Solar Plants in K’taka Updated On Tue, May 26th, 2020 by Saurenergy The Kerala State Electronics Development Corporation Ltd (KSEDC) has invited applications (Expression of Interest or EoI) for empanelment of agencies and EPC contractors for the installation of grid-interactive hybrid solar rooftop power plant. These hybrid rooftop solar plants will be installed at the nodal agency’s different offices spread across the state of Karnataka on turnkey […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19 Updated On Tue, May 26th, 2020 by Saurenergy Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […] Read more