CESL Invites Bids from OEMs to get Empaneled for Supply of E-rickshaws Updated On Thu, Jul 8th, 2021 by Saurenergy Convergence Energy Services Limited (CESL) has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEMs) to supply electric three-wheelers (e-rickshaws) in India. While the pre bid meeting will be held on July 13, the deadline for bid submission is July 26, 2021, on which bid opening is also scheduled. CESL, a wholly-owned […] Read more
Okaya Group forays into Electric Two Wheeler Segment Updated On Tue, Jul 6th, 2021 by Saurenergy The electric vehicle division of Okaya Power Group, Okaya EV has unveiled a new range of electric two-wheelers (E2Ws) amidst great anticipation and fanfare. ‘Okaya Electric 2 Wheelers’ boasts are equipped with cutting-edge latest technology. On Monday, Okaya announced together with the launch of these E2Ws, Okaya EV has also launched its experience centers in […] Read more
Fourth Partner Raises $125 Million Equity Funding Updated On Thu, Jul 1st, 2021 by Saurenergy Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […] Read more
ETO Motors Arrives In Hyderabad During ‘Go Electric’ Campaign Updated On Wed, Jun 30th, 2021 by Saurenergy Hyderabad-based electric mobility as a service (EMaaS) provider, ETO Motors showcased its passenger and cargo vehicles ETO TRILUX & ETO Bulke Plus at the launch of the ‘Go Electric’ Campaign in Hyderabad. The campaign has been supported by the Bureau of Energy Efficiency (BEE) and Telangana State Renewable Energy Development Corporation Ltd. (TSREDCO). ETO Motors deploys electric […] Read more
NTPC Concall- Spotlight On Aggressive Renewables Plans Updated On Tue, Jun 29th, 2021 by Saurenergy NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […] Read more
Tata Motors To Bring 10 New Battery Electric Vehicles by 2025 Updated On Tue, Jun 29th, 2021 by Saurenergy Tata Motors, India’s multinational automotive manufacturing company has announced multiple plans for shifting its business model towards sustainable mobility. Its annual report for 2020-21, talks about various steps taken and to be taken, towards a sustainable future. The company has announced 10 new BEV (battery electric vehicles) by 2025. Tata’s subsidiary company, Jaguar Land Rover […] Read more
Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives Updated On Fri, Jun 25th, 2021 by Saurenergy The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world. A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
NTPC Q4 results Strong, Renewables Take Centre Stage for Future Updated On Tue, Jun 22nd, 2021 by Saurenergy NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […] Read more
