NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
Hyundai to Install 10 Ultra Fast EV Charging Stations on Key Highways Updated On Thu, Feb 2nd, 2023 by Saurenergy Ace automaker Hyundai has said that the company plans to install 10 ultra-fast charging stations for electric mobility in the country to enable seamless movement and greater adoption of electric vehicles. In a key development, Hyundai and ChargeZone – Hyundai’s partner – have mounted two DC ultra-fast EV charging stations on two different highways of […] Read more
As Adani Shares Drop, How Will It Impact Group’s Green Plans Updated On Tue, Jan 31st, 2023 by Saurenergy Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […] Read more
Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
“GoodWe’s long-standing perseverance in the pursuit of quality has paid back well in India”, Says James Hou, GoodWe Updated On Fri, Jan 20th, 2023 by Saurenergy Goodwe India has been making rapid progress in the Indian market, hitting the 1.5 GW inverter capacity milestone during the year. The big number is not just an indicator of its product acceptance, but a base for the firm to build on its learnings and service capabilities for the Indian market. The firm, with a […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
The Top 5: Most Affordable Electric Cars Under 10 Lakh Updated On Fri, Jan 13th, 2023 by Saurenergy The journey of electric cars from being a concept to now being on the verge of replacing conventional vehicles faced a plethora of challenges. Two of the most important challenges were range and cost which made them pale in comparison to their ICE counterparts. While the year 2022 saw the rise of electric cars, the […] Read more
The Top 5: Upcoming Electric Cars In India In 2023 Updated On Tue, Jan 10th, 2023 by Saurenergy India’s electric car market is likely to see more EVs this year than anytime before. With growth in EV battery technology and strong national commitments for 2030 and net zero by 2070, EV market is further set to share a considerable chunk of electric vehicle market of India. Amidst this continuation of EV surge, we […] Read more
CESL Issues New Tender for 4675 Electric Buses for Rs 5000 Crore Updated On Fri, Jan 6th, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has announced a second tender for the deployment of electric buses under the National Electric Bus Programme. The number of e-buses sought by CESL in the novel tender is 4,675. CESL has recently concluded a tender for 6,465 electric buses. Previously it had also issued a tender under Grand Challenge […] Read more
