DMRC Floats Tenders for Procurement of Electric Buses Updated On Mon, Oct 14th, 2019 by Saurenergy DMRC has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The Delhi Metro Rail Corp (DMRC) has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The buses […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
The Role of Solar PV in an Urban Heat Action Plan Updated On Wed, Oct 9th, 2019 by Saurenergy By: Mohua Mukherjee The India Meteorological Department (IMD) has established that the frequency and severity of heatwaves, and a resultant high number of preventable deaths due to heat-stroke, have risen significantly in India over the last three decades.In India this summer of 2019, the IMD has already reported heat waves across Delhi, Gujarat, Haryana, Madhya […] Read more
IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
Siemens Gamesa Wins Deming Prize for Quality Standards in India Updated On Sat, Oct 5th, 2019 by Saurenergy Siemens Gamesa has won the coveted Deming prize for its industrial operations covering all four of its manufacturing units and support functions in India Siemens Gamesa, one of India’s leading renewable energy company, has been awarded the coveted Deming prize for its industrial operations covering all four of its manufacturing units and other support functions […] Read more
Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
