EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
Budget 2021. Why 24X7 Power For All, Tackling Discom Losses Is key Updated On Mon, Feb 1st, 2021 by Saurenergy Hopes are once again high that the government will take a broom to clean up discom losses in some way, one of the most intractable issues for the power sector for decades now. As always, the present time remains the best time to do something about it. On January 29 morning, power minister R.K. Singh […] Read more
CESC, Exide Partner For First Large BESS Project In Bengal Updated On Thu, Jan 28th, 2021 by Saurenergy Kolkata Discom CESC and Exide, India’s largest battery manufacturer have partnered on a grid connected 315 kWh battery energy storage systems (BESS) at low tension (LT) distribution system for better peak load management. The project is the first of its kind for West Bengal at this scale. CESC is part of the RP-Sanjiv Goenka Group. […] Read more
India’s Power Demand Breaks Record at 185.82 GW on Jan 21: Sahai Updated On Fri, Jan 22nd, 2021 by Saurenergy The all India power demand on Jan 21 reached an all-time high of 185.82 GW beating the previous high from December 30, 2020, at 182.89 GW. The all India power demand on Jan 21, 2021, reached an all-time high of 185.82 GW beating the proviso demand records that was set on December 30, 2020, at […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
Power Ministry Reconsidering 10 kW Net Metering cap for Rooftop Solar Updated On Mon, Jan 18th, 2021 by Saurenergy The Ministry of Power will reexamine capping net metering at 10 kW for rooftop solar installations under the new consumer rules Clarification on Electricity (Rights of Consumers) Rules 2020 pic.twitter.com/FaRdTLJIA5 — Ministry of Power (@MinOfPower) January 16, 2021 The Ministry of Power (MoP) has issued a clarification for its Electricity (Rights of Consumers) Rules 2020, […] Read more
EESL, NIIF JV ‘Intellismart’ to Develop Digital Platform for Distribution Sector Updated On Mon, Jan 18th, 2021 by Saurenergy IntelliSmart, a JV of EESL & NIIF has committed to developing a digital platform for value-added services in the distribution & power sector IntelliSmart Infrastructure Private Limited, a JV of Energy Efficiency Services Limited (EESL) and National Investment & Infrastructure Fund (NIIF) has committed to developing a digital platform for value added services in the […] Read more
