Now Ampere Electric Commits Rs 700 Crore, to set up EV Plant in TN Updated On Wed, Feb 17th, 2021 by Saurenergy Ampere Electric plans to set up a new manufacturing plant in Tamil Nadu and will invest Rs 700 crore into the facility over the next 10 years Electric two-wheeler manufacturer Ampere Electric, the e-mobility subsidiary of Greaves Cotton, has announced its plans to set up a new EV manufacturing plant in Ranipet in the state […] Read more
Ather Energy Announces Investment of Rs 635 Crore Over Next 5 Years Updated On Mon, Feb 15th, 2021 by Saurenergy Electric two-wheeler (E2W) manufacturer, Ather Energy has announced that the company is going to make an investment worth Rs 635 Crores over the next five years to scale up the production in its EV manufacturing facility in Hosur, Tamil Nadu. The company has recently begun operations from its mega-factory in Hosur, Tamil Nadu from 2nd […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN Updated On Wed, Feb 3rd, 2021 by Saurenergy TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […] Read more
Continuum Wind Energy Raises USD 560 Million In Green Bond Sale Updated On Wed, Feb 3rd, 2021 by Saurenergy Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009. It has a current portfolio of about 2 GW out of which 757.4 MW are […] Read more
Loans Worth Rs 1.25 Lakh Cr so far Under Discoms Liquidity Package Updated On Wed, Feb 3rd, 2021 by Saurenergy Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by PFC and REC Ltd under the liquidity package for stressed power Discoms Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation (PFC) and REC Ltd under the liquidity package for stressed power distribution […] Read more
Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant Updated On Fri, Jan 29th, 2021 by Saurenergy Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai. The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm […] Read more
Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing Updated On Fri, Jan 22nd, 2021 by Saurenergy Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […] Read more
E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility Updated On Tue, Jan 19th, 2021 by Saurenergy Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […] Read more
