Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec Updated On Sat, Dec 21st, 2019 by Saurenergy In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […] Read more
Infrastructure Sector Makes the Case for Captive RE Policy and More Updated On Sat, Dec 21st, 2019 by Saurenergy The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy charges to make renewable energy more viable The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory […] Read more
Gujarat Commission to Amend Rooftop Solar Net Metering Regulations Updated On Thu, Dec 19th, 2019 by Saurenergy GERC while assessing a petition by GUVNL has ordered its staff to begin work on drafting amendments for the Gujarat rooftop solar net metering regulations The Gujarat Electricity Regulatory Commission (GERC) while assessing a petition filed by the Gujarat Urja Vikas Nigam Limited (GUVNL) has ordered its staff to begin work on the drafting process […] Read more
Adani Green Energy Mulling Over Acquiring Rest of Essel’s Solar Assets Updated On Mon, Dec 16th, 2019 by Saurenergy Adani Green Energy is reportedly considering acquiring all the remaining solar energy assets of the Essel Group. Adani Green Energy (AGEL) is reportedly considering the option of acquiring all the remaining solar energy assets of the Essel Group. According to media reports, the Essel Group has reached an agreement to sell the remaining 480 MW […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Masdar to Pursue 400 MW Solar Power Capacity in Armenia Updated On Mon, Dec 2nd, 2019 by Saurenergy Masdar has entered into an agreement with the ANIF to develop solar power projects with a total capacity of 400 MW in Armenia. Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies has announced that it has entered into a formal agreement with the Armenian National Interests Fund […] Read more
ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
EESL to Host Inspire 2019, With Focus on Energy Security and Sustainability Updated On Thu, Nov 7th, 2019 by Saurenergy In a bid to foster a conducive ecosystem for sustainable energy through innovation, EESL will host INSPIRE 2019 from November 11 to 12, 2019, in Mumbai. In a bid to foster a conducive ecosystem for sustainable energy through innovation, Energy Efficiency Services Limited (EESL) a joint-venture of PSUs under the Ministry of Power, Government of […] Read more
