SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month Updated On Fri, Feb 4th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […] Read more
Ather Energy, Karnataka ESCOMs to Set Up 1,000 E2W Charging Stations Updated On Fri, Feb 4th, 2022 by Saurenergy A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast-charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support and government agencies would coordinate […] Read more
Union Budget Raises Combined Expenditure of IREDA and SECI by 143% Updated On Fri, Feb 4th, 2022 by Saurenergy The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […] Read more
Corrit Launches Production Facility For Fat Tyre Bike-The Hover Scooter Updated On Thu, Feb 3rd, 2022 by Saurenergy Electric mobility brand Corrit Electric today announced the launch of their first production facility for The Hover Scooter in Greater Noida. Established in 2021, the brand unveiled their first indigenously produced fat tire electric bike – The Hover Scooter, in October last year. Ramping up their offering, the newly launched facility is equipped to manufacture […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
Sales Manager/Officer -Sustainability & Supply Chain Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply Chain & Product Assurance (SCPA) Business Area in IME in DNV is a newly created sustainability, supply chain, digital & Product assurance unit overseeing activities in India & Middle East region. DNV’s vision is to be a trusted voice to tackle global transformation and providing management and technical advisory, assurance services for Food, Healthcare, […] Read more
Dalmia Cement Bharat Increases Solar Capacity to 17 MW Updated On Thu, Feb 3rd, 2022 by Saurenergy The Rs 10510 crore turnover (2020-21) Dalmia Cement (Bharat) Limited (DCBL), an Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited, has increased its ground-mounted solar power plant capacity to 17.1MW (from 2.4MW in 2014), in Cuttack, Odisha. Spread over 49 acres, the solar power plant is expected to generate 25.52 MU/PA, to be […] Read more
With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
