IndiGrid to Acquire Sterlite Power’s GPTL Transmission Project for Rs 1080 Cr Updated On Sat, Apr 11th, 2020 by Saurenergy The board of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power at a value of Rs 1080 crore The board of IndiGrid Trust has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from transmission firm Sterlite Power at a value of Rs 1080 crore and is planning to […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown Updated On Mon, Apr 6th, 2020 by Saurenergy Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
4 Boralex Projects Selected in Latest Calls for Tender in France Updated On Mon, Apr 6th, 2020 by Saurenergy Boralex has announced that four of its projects totalling 70.4 MW have been selected in the latest calls for tenders in France. Boralex has announced that four of its projects totalling 70.4 MW have been selected in the latest calls for tenders conducted by the Ministry for the Ecological and Inclusive Transition of France. The solar projects – […] Read more
Ministry of Power Answers Queries on Grid Stability During 9PM9Minutes Updated On Sun, Apr 5th, 2020 by Saurenergy The Ministry of Power has issued FAQs answering the most important questions raised by the public and key stakeholders on grid stability during 9PM9Minutes Prime Minister Narendra Modi at 9 AM on April 3, 2020, had urged all countrymen to switch off their lights for 9 minutes at 9 pm on Sunday (April 5, 2020) […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19 Updated On Fri, Apr 3rd, 2020 by Saurenergy NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […] Read more
