Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
Tata Motors Delivers Tigor EVs to Goa’s DNRE, Part of EESL Tender Updated On Tue, Feb 2nd, 2021 by Saurenergy India’s prominent automobile company, Tata Motors has delivered its Tigor EVs to the Department of New & Renewable Energy (DNRE) in Goa. This deployment is an integral part of its tender with EESL. The delivery ceremony took place on 1st February in the presence of Hon’ble Chief Minister of Goa, Rajesh Tulshidas Patekar accompanied by […] Read more
Assistant Manager – Techno Commercial Updated On Tue, Feb 2nd, 2021 by Saurenergy Job Responsibilities : Assist in the review of approved PR from user department; seek additional information if required from user for correctness & completeness of PR. Provide support in identifying the type and method of procurement (depending on type of material/ services to be procured, nature of PR (normal vs. emergency PR), stocks available, availability […] Read more
Vessel Planner, CT Operations Updated On Tue, Feb 2nd, 2021 by Saurenergy Roles and Responsibilities : Acts as a focal point for vessel planning activities. Efficient planning of container yard which requires and ensure high risk or dangerous cargos are handled correctly. Maintain ownership of the vessels under vessel planner control and assist if planning disturbances occur during vessel call to ensure proper customer services. Understand all […] Read more
Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai Updated On Tue, Feb 2nd, 2021 by Saurenergy Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […] Read more
Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
Adani Green Energy Commissions 100 MW Solar Plants in UP, Ahead of Schedule Updated On Tue, Feb 2nd, 2021 by Saurenergy Adani Green Energy has announced that its subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants in UP. Adani Green Energy Limited (AGEL) has announced that its wholly-owned subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district […] Read more
NIPSCO Announces Completion of its First Two Wind Projects Updated On Tue, Feb 2nd, 2021 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana. “We are excited to welcome these wind assets to our generating portfolio,” said Mike Hooper, NIPSCO […] Read more
