Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy Updated On Fri, Mar 5th, 2021 by Saurenergy Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
PM Modi to Kick off key Solar and Transmission Projects in Kerala Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today (February 19, 2021) via video conferencing. The two big projects are […] Read more
Ashok Leyland Running 60% of Countrywide Operations With Clean Energy Updated On Thu, Feb 18th, 2021 by Saurenergy Ashok Leyland has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. Ashok Leyland, the flagship commercial vehicle manufacturer of the Hinduja Group has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. The firm has detailed that now […] Read more
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
