MNRE Appoints IREDA to Handle its CPSU Scheme – II Updated On Tue, Apr 14th, 2020 by Saurenergy MNRE has announced the appointment of IREDA as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. The Ministry of New and Renewable Energy (MNRE) has announced the appointment of the Indian Renewable Energy Development Agency (IREDA) as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. […] Read more
PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress? Updated On Mon, Apr 13th, 2020 by Saurenergy A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […] Read more
Maharashtra Discoms Turn Away From Costly PPAs to Energy Exchanges Updated On Mon, Apr 13th, 2020 by Saurenergy Discoms in Maharashtra are turning to energy exchanges to buy cheaper power to protect margins, eschewing PPAs that command much higher tariffs. With four-fifth of the economy shuttered for the third week, on account of COVID-19 control measures, pulling down power demand sharply, power utilities and Discoms in Maharashtra are turning to energy exchanges to […] Read more
UK Confirmed as 1st Co-Chair in India-Led Climate Change Initiative Updated On Mon, Mar 23rd, 2020 by Saurenergy The UK has been confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The UK on March 23, 2020, was confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The coalition was established by Prime Minister Narendra Modi and is a […] Read more
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot Updated On Wed, Mar 18th, 2020 by Saurenergy ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […] Read more
EV Makers, Utilities Joining Hands for Charging Infra in India Updated On Fri, Mar 13th, 2020 by Saurenergy In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […] Read more
New Roadmap Drawn to Make J&K Energy Surplus by 2025 Updated On Mon, Mar 9th, 2020 by Saurenergy J&K Power Development Corporation has drawn a roadmap to make the Union Territory energy surplus by 2025 by harnessing its large hydel power potential. The Jammu and Kashmir (J&K) Power Development Corporation has drawn a roadmap to make the Union Territory energy surplus by 2025 by harnessing its large hydel power potential. This was disclosed […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
