Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
Ather Energy Announces Entry Into Chennai in June Updated On Wed, Apr 24th, 2019 by Saurenergy Today Ather Energy announced its plan to enter the Indian Auto Hub- Chennai, in June. Chennai became the second city where Ather is expanding after its successful commercial launch in Bengaluru in 2018. Entering the phase of rapid expansion Ather has announced its entry in the auto hub of the country Chennai. The EV firm […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Petitions by SPDs to Consider GST as Change in Law Accepted Updated On Mon, Feb 11th, 2019 by Saurenergy The CERC with its latest order has provided some relief to solar developers in a matter of GST compensation. The Central Electricity Regulatory Commission (CERC), hearing on the matter raised by local solar project developers, has issued an order accepting the Goods and Services Tax (GST) as a change in the law in case of […] Read more
Maharashtra Races ahead in 2019 with Impressive Response to 1GW Tender Updated On Tue, Jan 22nd, 2019 by Saurenergy Maharashtra was also in the news late last year for its tender of 1400 MW across 30 circles in the state, besides a 1 GW tender for providing solar power purely for a dedicated agricultural grid. Maharashtra’s 1 GW solar tender, which saw the state extend the final submission deadline to Jan 22 (today) from […] Read more
NTPC signs Agreement with EV Aggregators for Developing Charging Infra Updated On Wed, Nov 28th, 2018 by Saurenergy The agreement signed between Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car and NTPC will lead to development of charging infrastructure. To increase the availability of public EV charging infrastructure, National Thermal Power Corporation (NTPC) has signed an agreement with Vehicle Aggregators for development and utilization of the facility. The agreement signed between Ola, […] Read more
Viz-A-Viz with Mehul Sharma, Director Sales – India (TBEA Xián Electric Technology Co. Ltd.) Updated On Tue, Nov 27th, 2018 by Saurenergy Q. Please tell our readers about TBEA Xián Electric Technology Co. Ltd. and its product offerings? TBEA Xián Electric Technology Co. Ltd., is one of the global leaders in Solar Inverter manufacturing having its Global Headquarters in Xián, China. Company is a part of TBEA group, and inherits the engineering & manufacturing excellence of 70 […] Read more
Jolywood was Invited to Participate in the First Belt and Road Energy Ministerial Conference Updated On Mon, Oct 29th, 2018 by Saurenergy Jolywood (Suzhou) Sunwatt Co. Ltd. (SZ: 300393) (Jolywood), the world’s leading supplier of N-type high efficiency bifacial solar cells and modules, was a key participant in the 2018 Belt and Road Energy Ministerial Conference and International Forum on Energy Transition (“the Conference”) to discuss energy cooperation and the future of new energy. Mr. Lin Jianwei, […] Read more
India’s Renewable Energy Addition Falls Almost 20% YoY: Report Updated On Thu, Sep 27th, 2018 by Saurenergy According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […] Read more
