Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
State-run Majors, PFC, NHPC, NTPC Set Ambitious Performance Fiscal Year Targets Updated On Wed, Sep 30th, 2020 by Saurenergy Leading state-run utilities Power Finance Corporation (PFC), NTPC and the NHPC signed agreements with the power ministry on Wednesday to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. The exercise is an annual process, wherein the firms under the ministry set targets for the next […] Read more
INKEL Commissions 0.6 MW Solar Plant in Kerala Under IPDS Scheme Updated On Mon, Sep 28th, 2020 by Saurenergy INKEL Limited has announced that it has commissioned a 0.6MW grid-connected solar power plant at a 110 kV KSEB Substation at Kottiyam in Kollam district of Kerala under the IPDS scheme. The project was inaugurated by M.M Mani Hon’ble Minister for Electricity on September 16, 2020. The project was executed by INKEL Limited (A Public-Private […] Read more
BEE to Help set up Energy Efficiency Projects for Private Industries in AP Updated On Mon, Sep 28th, 2020 by Saurenergy Private industries in Andhra Pradesh can now easily avail of bank finance from BEE to take up energy efficiency projects in different sectors Private industries in Andhra Pradesh can now easily avail of bank finance to take up energy efficiency projects in different sectors, including buildings, large industries, and small and medium enterprises. The Bureau […] Read more
EESL Appoints Rajat Sud as its new Managing Director Updated On Thu, Sep 24th, 2020 by Saurenergy EESL has announced the appointment of Rajat Sud as its new Managing Director, taking over from S. Gopal. Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has announced the appointment of Rajat Sud as its new Managing Director. Sud takes over from S. Gopal Director […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
India has Attained “One Nation, One Grid, One Frequency”: Nandan Sahai Updated On Mon, Sep 14th, 2020 by Saurenergy Sanjiv Nandan Sahai, Secretary, Ministry of Power, has said that India has already attained the status of “One Nation, One Grid, One Frequency”. Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints […] Read more
EVs Deployed by EESL Have so far Mitigated 5604 Tonnes of CO2 Emissions Updated On Thu, Sep 10th, 2020 by Saurenergy EESL has already deployed 1514 EVs on road to date, which have aided in the reduction of 5604 tonnes of CO2 emissions so far. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Ministry of Power, is combating the air pollution in the nation by driving India’s e-mobility transition. In continuation of […] Read more
Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT Updated On Thu, Sep 10th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […] Read more
