Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
EVage Introduces India’s First Home-Built Exoskeleton Structure for EVs Updated On Tue, Aug 18th, 2020 by Saurenergy Mobility tech start-up firm EVage has introduced India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for the launch of EVs Mobility tech start-up firm EVage has introduced India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for the launch of electric vehicles (EVs) as SUVs, Vans, Delivery Vehicles and Trucks. […] Read more
SJVN to Build Rs 450 Crore – 100 MW Solar Plant in Dholera Updated On Tue, Aug 18th, 2020 by Saurenergy SJVN has announced that it will be commissioning the 100 MW solar plant at the Dholera Solar Park at an outlay of Rs 450 crore. State-owned Satluj Jal Vidyut Nigam Ltd (SJVN) fresh from its win at Gujarat Urja Vikas Nigam Ltd’s (GUVNL) 700 MW solar auction, has announced that it will be commissioning the […] Read more
ISA Amends Framework Agreement Allowing UN Member States to Join Updated On Tue, Aug 4th, 2020 by Saurenergy UN member states will now be able to join the ISA after the Ministry of External Affairs (MEA) announced amendments to the framework agreement. Uniter Nations (UN) member states will now be able to join the International Solar Alliance (ISA) after the Ministry of External Affairs (MEA) announced amendments to the ISA’s framework agreement. For […] Read more
MNRE Puts ‘One World One Sun One Grid’ on Hold Updated On Tue, Jul 28th, 2020 by Saurenergy MNRE has announced that the RfP for the central governments’ One World One Sun One Grid’ initiative has been put on hold until further notice. The Ministry of New and Renewable Energy (MNRE) has announced that the Request for Proposals (RfP) for the central governments’ One World One Sun One Grid’ initiative has been put […] Read more
India-EU Renew Agreement on Science and Technological Cooperation Updated On Mon, Jul 27th, 2020 by Saurenergy India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). The agreement was extended by the exchange of Note Verbale between two sides. […] Read more
RK Singh Confident India Will Have 450 GW RE by 2030 Updated On Wed, Jul 22nd, 2020 by Saurenergy India will have around 60% of its installed electricity generation capacity from clean sources by 2030 reaching 450 GW RE capacity, RK Singh has said. India will have around 60 percent of its installed electricity generation capacity from clean energy sources by 2030, Power and New & Renewable Energy Minister R K Singh has said. The […] Read more
One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA Updated On Tue, Jul 21st, 2020 by Saurenergy Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of ‘One Sun One World One Grid’ (OSOWOG). It looks ambitious, but if structured well could change the way […] Read more
20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur Updated On Sat, Jul 18th, 2020 by Saurenergy The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […] Read more