Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
Nearly 27 GW of new Solar Capacity Added in India in Last Three Years Updated On Wed, Feb 19th, 2020 by Saurenergy A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years in India. A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years i.e. from 2016-17 to 2018-19 and the current year […] Read more
Adani Sells 25.10% Stake in AEML to Qatar Investment Authority Updated On Tue, Feb 11th, 2020 by Saurenergy Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […] Read more
L&T Bags Contracts for its Power, Transmission & Distribution Business Updated On Mon, Feb 10th, 2020 by Saurenergy L&T has announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from clients in India and abroad. Larsen and Toubro (L&T) have announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from prestigious clients in India and abroad. In the Philippines, the business has won […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Land, Policies & Payment Delays a few Issues RE Developers Face in India Updated On Fri, Feb 7th, 2020 by Saurenergy Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
BPCL Enters EV Business With Swappable Li-Ion Battery Supply Updated On Tue, Feb 4th, 2020 by Saurenergy BPCL has launched ‘e-drive initiative’, bringing an on-stream supply of swappable li-ion batteries at its retail outlets in Kochi and Lucknow Eyeing opportunities in the wake of disruption expected from electric vehicles (EV), oil major Bharat Petroleum Corporation Limited (BPCL) has launched an ‘e-drive initiative’ an electric three-wheeler mobility model. Partnering with electric vehicle-maker Kinetic […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
