KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia Updated On Fri, Feb 5th, 2021 by Saurenergy KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […] Read more
Adani Green Energy Added 700 MW to Operational Capacity in YTD FY21 Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), a part of the Adani Group, has announced the financial results for the financial period ended December 31, 2020. The firm has reported that continuing on its rapid capacity building despite the ongoing pandemic, it added 700 MW to its operational capacity in YTD FY21 with commissioning of 475 MW […] 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
EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
EV Acceleration in UP, CM Proposes Tax Exemptions Updated On Sat, Jan 30th, 2021 by Saurenergy Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […] Read more
CESC, Exide Partner For First Large BESS Project In Bengal Updated On Thu, Jan 28th, 2021 by Saurenergy Kolkata Discom CESC and Exide, India’s largest battery manufacturer have partnered on a grid connected 315 kWh battery energy storage systems (BESS) at low tension (LT) distribution system for better peak load management. The project is the first of its kind for West Bengal at this scale. CESC is part of the RP-Sanjiv Goenka Group. […] Read more
NextEra Energy to Pursue Electrification of School & Public Transportation in US & Canada Updated On Wed, Jan 27th, 2021 by Saurenergy NextEra Energy to pursue the electrification of tens of thousands of school and public transportation vehicles across the US and Canada. NextEra Energy, the world’s largest generator of renewable energy from wind and solar resources, has announced that to has entered into a framework agreement with First Student and First Transit to establish a joint […] Read more
Gulf Oil Taps Into EV Charging For Future Growth Updated On Mon, Jan 25th, 2021 by Saurenergy A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […] Read more
