Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha Updated On Tue, Jul 25th, 2023 by Saurenergy Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […] Read more
CEA Revises Methodology To Calculate AT&C Losses Updated On Thu, Jul 13th, 2023 by Saurenergy The Central Electricity Agency (CEA) has issued a notification seeking a revision in the methodology adopted for calculating Aggregate Technical and Commercial (AT&C) Losses. Earlier, The central authority issued its guidelines on calculation methodology for the computation of AT&C losses on June 2, 2017. The addendum of the methodology specified that the collection efficiency of subsidy received and realization […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
Power Electronics – Firmware Developer Updated On Tue, Jun 27th, 2023 by Saurenergy As a Firmware Developer for Power Electronics Products, specializing in 3-Phase UPS Systems, she/he will be responsible for developing and maintaining the UPS firmware that governs the operation of the UPS system. Her/his primary focus will be on designing, implementing, testing, and debugging firmware solutions to ensure the reliable and efficient performance of the UPS […] Read more
Power Electronics Hardware Engineer Updated On Wed, May 24th, 2023 by Saurenergy The Power Electronics Engineer will be part of the growing European Power Electronics Team located in Pune. We are developing Drives (Frequency Converters) as part of our compression technology for the heating, ventilation, air conditioning and refrigeration (HVACR) industry. Together with us, you will shape the drive technology of tomorrow and help us with your motivation and […] Read more
Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy Updated On Mon, May 15th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […] Read more
EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
Gensol Wins NTPC NVVN’s 0.5 MW Solar PV Project at IIM Udaipur Updated On Mon, May 1st, 2023 by Saurenergy Gensol Engineering Private Limited has bagged a 0.5 MW solar project tender floated by NTPC Vidyut Vyapar Nigam Ltd. Thr project is for the development of 0.5 MW (AC) grid connected ground mounted solar PV project at IIM-Udaipur Rajasthan under net-metering. The other bidders that participated in the competitive bidding included Rajasthan Electronics and Instruments […] Read more
