GE Power India Designates Mahesh Palashikar as Chairman Updated On Wed, May 27th, 2020 by Saurenergy GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman effective from Wednesday i.e. May 27, 2020. Palashikar succeeded Vishal Keerti Wanchoo due to his retirement on attaining the age of superannuation. The decision of Palashikar’s appointment has been taken by the Board of Directors of the company during […] Read more
Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19 Updated On Tue, May 26th, 2020 by Saurenergy Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […] Read more
SECI Issues NIT for Setting Up of 10 MW Grid Connected Solar Plant in Rajasthan Updated On Fri, May 22nd, 2020 by Saurenergy State-owned Solar Energy Corporation of India (SECI) on Friday has revealed its plan for setting up of 10 MW grid-connected solar photovoltaic (PV) power plant in Rajasthan. In this regard, the nodal agency has issued a notice inviting tender (NIT) for the “selection of solar power developers for setting up of 10 MW grid-connected solar […] Read more
ONGC and NTPC to Form JV for Renewable Energy Business Updated On Fri, May 22nd, 2020 by Saurenergy ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […] Read more
NVVN Seeks Developers for 50 MW Grid Connected Solar Plant in Jharkhand Updated On Thu, May 21st, 2020 by Saurenergy NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly-owned subsidiary of NTPC Ltd, has issued a tender inviting bid for the development of 50 MW (AC) grid-connected solar photovoltaic (PV) project at Panchet, DVC, in Jharkhand. Interested bidders can download the tender document and start submitting bids from May 21, 2020, at 5:00 p.m. onwards, while […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
Solar Companies Resume Manufacturing Cautiously after Govt Eases Lockdown Norms Updated On Mon, May 18th, 2020 by Saurenergy With India slowly opening up its economic activities again after total shutdown for many days amidst coronavirus lockdown, various companies across the clean energy space, whether top brands or startups are also resuming operations by reopening their factories and offices. Despite lockdown continued, the government has provided permission to various companies across sectors to reopen […] Read more
Drones Market Revenue in Power Sector to Touch $515 Mn by 2030 Updated On Wed, May 13th, 2020 by Saurenergy With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […] Read more