ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
India, Bahrain Agree to Collaborate in Solar Energy Sector Updated On Mon, Aug 26th, 2019 by Saurenergy India and Bahrain have agreed to collaborate in the solar energy sector after comprehensive talks were held to give a major boost to bilateral relations. India and Bahrain on August 24, 2019, agreed to collaborate in the solar energy sector as Prime Minister Narendra Modi held comprehensive talks with his Bahraini counterpart Prince Khalifa Bin Salman Al Khalifa to give a major boost to the entire […] Read more
Gujarat Working on EV Policy, Expects 1 Lakh EVs by 2022 Updated On Thu, Aug 22nd, 2019 by Saurenergy The Gujarat government plans to come out with a policy soon announcing huge incentives for using EVs and aims to have 1 lakh EVs on road by 2022. Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge […] Read more
Secretary Shuffle: SC Garg Moves From Finance to Power Updated On Thu, Jul 25th, 2019 by Saurenergy In the first major bureaucratic shuffle of its second term, the government has transferred Finance Secretary SC Garg to the power ministry. In the first major bureaucratic shuffle of its second term, the Narendra Modi government on July 24, 2019, transferred Finance Secretary Subhash Chandra Garg to the power ministry while appointing Atanu Chakraborty as the […] Read more
Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Government Agencies Should Continue to Show Desire for the Commenced Projects: Amruth Puttappa Updated On Thu, Jul 18th, 2019 by Saurenergy Recently, the Indian solar market bounced back from the sluggish year of 2018. With the climate agreement in place and an estimated global investment of $2.8 billion in Q1 2019, there is no doubt that there is a huge scope. We are going through a positive phase. All government bodies are working towards our ambitious […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Renewable Energy to Lead New Capacity Addition in India: CEA Report Updated On Tue, Jul 2nd, 2019 by Saurenergy India’s green energy addition may constitute over half of India’s capacity addition by 2030 says CEA draft report Solar and wind energy projects may constitute over half of India’s total power capacity of by 2030, according to a draft report by India’s power-planning body, which predicts that the country may surpass its climate goals. The […] Read more
