Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
Behind Azure’s Investor Update. Challenges To Continue in 2021 Updated On Mon, Dec 28th, 2020 by Saurenergy The Firm’s 4 GW project win through SECI remains in limbo. That places almost 18 GW of awarded solar projects together in the same boat in India. In an update to the Securities and Exchange Commission (SEC) in the US, where it is listed at the New York Stock Exchange (NYSE) Azure Power has sounded […] Read more
SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
Borosil Renewables, The Newest Renewable Star On The Stock Market Updated On Wed, Dec 23rd, 2020 by Saurenergy Borosil Renewables Limited, the Mumbai based firm manufacturing firm that specialises in solar glass, has had a dream run up in the stock markets. Luckily for investors, this is a firm that has some real numbers to back it up, although valuations remain a matter of hope over substance probably. The firm, formerly called Borosil […] Read more
KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr Updated On Thu, Dec 17th, 2020 by Saurenergy KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Clean Energy, Powered by Clean Technology, is Critical for India: Kant Updated On Thu, Dec 10th, 2020 by Saurenergy Niti Aayog CEO Amitabh Kant has said that clean energy is critical for India and it must achieve it by getting into cutting-edge technology. Niti Aayog CEO Amitabh Kant, while addressing a virtual book launch event organised by the Observer Research Foundation, has said that clean energy is critical for India and that it is important for the […] Read more
