TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
Piyush Goyal to launch schemes for distribution of energy efficient pumps & fans in Andhra Pradesh Updated On Thu, Apr 7th, 2016 by Saurenergy Power, Coal and New & Renewable Energy minister Piyush Goyal, along with Chief Minister of Andhra Pradesh N. Chandrababu Naidu, will launch two schemes namely National Energy Efficient Agriculture Pumps Programme and National Energy Efficient Fan Programme in Vijayawada , Andhra Pradesh on Thursday. These Schemes will be implemented by Energy Efficiency Services Limited ( EESL) . […] Read more
Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more