Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
PM Modi to Launch FAME India II on September 7 Updated On Wed, Aug 29th, 2018 by Saurenergy The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […] Read more
TMEIC Receives ‘Global Company of the Year Award 2018’ Updated On Wed, Aug 29th, 2018 by Saurenergy The firm selected TMEIC by market in areas such as Japan, the Asia Pacific and other areas globally and bestows Best Practice Awards annually to companies that have achieved outstanding performance in respective industries. Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)’s President & CEO, Masahiko Yamawaki received the 2018 Global Company of the Year Award in […] Read more
Iran Commissions its Largest Wind Farm Updated On Wed, Aug 29th, 2018 by Saurenergy The 18-turbine wind farm, located in Tarom County in northern Iran, has a nominal capacity of generating 61 megawatt hours of power annually, Xinhua reported. Iran inaugurates its largest wind farm as part of its efforts to increase production of electricity from renewable sources. The 18-turbine wind farm, located in Tarom County in northern Iran, has a […] Read more
Renew Power Commissions 126 MW of First Reverse Wind Auction in India Updated On Tue, Aug 28th, 2018 by Saurenergy ReNew Power’s this project is part of the country’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). India’s one of the leading renewable energy IPP, ReNew Power has successfully commissioned Phase 1 (126 MW) of its 250 MW […] Read more
Gujarat’s Harni Police Station ‘1st Certified Green Police Station’ Updated On Mon, Aug 27th, 2018 by Saurenergy The police station is the first to get the silver rating green building status in the country. The Harni police station of Gujarat is unlike any other dark and unsound police station of the country. Indian Green Building Council (IGBC) has recognized the same and has awarded a green building certificate to the police station. […] Read more
HC Stays Wind Power Tariff Reduction by APERC Updated On Fri, Aug 24th, 2018 by Saurenergy The ‘tariff reduction’ order is seen making the financial procedures of the wind power generators a cumbersome process. Coming as a relief for the clean energy players, Andhra Pradesh High Court has stayed an Andhra Pradesh Electricity Regulatory Commission’s order reducing tariffs of the wind power projects that received generation based incentives (GBI) from the […] Read more
India’s First ISTS connected Wind Power Project Commissioned Updated On Fri, Aug 24th, 2018 by Saurenergy Government’s plan of 175 GW RE by the year 2022 Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days. This was a 1000 MW bid for […] Read more
Gov’t Mulls to Subsidize EV Charging Infrastructure: Power Secretary Updated On Thu, Aug 23rd, 2018 by Saurenergy The government is expected to bring in thoughtful methods to feasibly produce chargers and stations and whether it needs subsidy. Society of Manufacturers of Electric Vehicles (SMEV) would have expected delay but not deaf ears of the power ministry as it had asked a month ago that Electric Vehicle (EV) subsidy should be connected to […] Read more