MNRE to Give Three Months’ Relief in SCD of Wind Energy Projects Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has decided to give an extra three months relief to wind power developers whose projects could not be commissioned in time due to the second wave of Covid-19 and also the onset of monsoon. Earlier, the MNRE allowed the period of disruption from April 1, 2021 to […] Read more
MNRE Urges States To Replicate Its Dispute Resolution Model For Intra State Disputes too Updated On Fri, Mar 4th, 2022 by Saurenergy The Ministry of New and Renewable Energy, (MNRE), in a letter dated March 3 to all relevant power stakeholders across government and at the state level, has expounded on the role of dispute resolution mechanism it has established. The MNRE had set up a disputes resolution committee (DRC) consisting of eminent persons to resolve issues […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Career Opportunities In Medical Services Discipline Updated On Mon, Dec 27th, 2021 by Saurenergy GAIL (India) Limited, a Maharatna PSU and India’s flagship Natural Gas company is integrating all aspects of the Natural Gas value chain (including Exploration & Production, Processing, Transmission, Distribution and Marketing) and its related services. In a rapidly changing scenario, GAIL is spearheading the move to a new era of clean fuel industrialization by creating […] Read more
Tata Motors Forms New EV Subsidiary: Tata Motors Electric Mobility Ltd Updated On Thu, Dec 23rd, 2021 by Saurenergy Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on December 21, 2021. The subsidiary has been incorporated to […] Read more
Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
Power Consumption Rises 1.3 % to 34.23 B Units in First 10 Days of Dec Updated On Mon, Dec 13th, 2021 by Saurenergy India’s power consumption grew by 1.3 per cent in the first ten days of this month from December 1 to 10 to 34.23 billion units (BU) over the same period a year ago, according to power ministry data. In 2020, power consumption was 33.78 BU during December 1 to 10. In the entire month of December […] Read more