Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more
NTPC Q4, Fy 21-22 Results-Strong Show, But Slow Going On Renewable Capacity Plans Updated On Sat, May 21st, 2022 by Saurenergy The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 68,982 MW, declared the financial results for FY22 on 20 May 2022. NTPC Group generated 361 Billion Units and recorded highest ever annual generation in FY22 as compared to 314 Billion Units in FY21, an increase of ~15%. NTPC’s standalone gross […] Read more
Okinawa Autotech to make JV with Italian e-two wheeler maker Tacita Updated On Fri, May 20th, 2022 by Saurenergy Okinawa Autotech, a leading Indian electric two-wheeler manufacturing company and Tacita, an Italian manufacturer of electric motorcycles have signed an agreement to form a joint venture for the production of electric two wheelers. The JV will be based in India and will begin production from 2023. The official statement by Okinawa and Tacita says that […] Read more
Construction Of World’s Largest Integrated RE Storage Project Started In AP Updated On Tue, May 17th, 2022 by Saurenergy Construction of the world’s largest and first of its kind renewable energy storage project began at Kurnool in Andhra Pradesh on May 17. With a pumped storage capacity of 10,800MWh per day, the 5230 MW renewable energy generation project is coming up at an investment of $3 billion by Hyderabad based developer Greenko Group by […] Read more
NTPC beings commercial operation of 20 MW solar capacity at Kawas Updated On Mon, May 16th, 2022 by Saurenergy National Thermal Power Corporation (NTPC), the state owned power producer – has announced that the first part capacity of 20 MW of the Kawas Solar Power Project has begun the commercial operation. The entire solar project is of 56 MW capacity. It is located at Hazira, Surat district of Gujarat. In a regulatory filing with […] Read more
Rays Power Infra Prepares For The Next Growth Phase With Sale Of Assets At Rs 700 crores Updated On Fri, May 13th, 2022 by Saurenergy Rays Power Infra has formally announced its debt free status to the world. This has been achieved with the sale of solar assets in Tamil Nadu, Karnataka and Telangana to global investors for Rs 700 crores. The announcement was made by Pawan Sharma, Co-Founder, Director, Rays Power Infra. The assets sold had total debt of […] Read more
Jakson Group Adds O&M Wins worth 255 MW From NTPC To Kitty Updated On Fri, May 13th, 2022 by Saurenergy Following on from the award of O&M for NTPC’s 260 MW solar plant at Bhadla in Rajasthan, the Jakson Group has won bids for comprehensive Operation and Maintenance (O&M) for a 250 MWp Solar PV Project in Ananthapuram, Andhra Pradesh and a 5 MWp Solar PV Plant in Andaman & Nicobar Islands. NTPC invited these […] Read more
NHPC Awards Contracts For CPSU 1000 MW Solar Projects Updated On Fri, May 13th, 2022 by Saurenergy Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […] Read more
AGEL to issue shares worth Rs 3,850 cr to Green Energy Invt Holding Updated On Thu, May 12th, 2022 by Saurenergy Adani Green Energy Ltd’s (AGEL) management committee on Thursday approved the allotment of two crore equity shares for Rs 3,850 crore to Green Energy Investment Holding RSC Ltd. “Management committee of the Company, at its meeting held today approved allotment of the equity shares of Company by way of the private placement on a preferential issue […] Read more
