Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
Tata Power, Rustomjee Group collaborate for EV charging infrastructure in Mumbai Updated On Wed, Mar 30th, 2022 by Saurenergy Tata Power has announced that it has tied up with Rustomjee Group, a real estate developer, to install end-to-end electric vehicle (EV) charging solutions in all residential and commercial projects in Mumbai Metropolitan Region (MMR). Tata Power will set up dedicated EV charging facilities for the residents of Rustomjee Group properties in Mumbai MMR, enabling […] Read more
Delhi’s Budget Wakes Up To Green Potential, targets 2500 MW solar in 5 years Updated On Mon, Mar 28th, 2022 by Saurenergy Delhi’s state government, run by the Aam Aadmi Party through it’s Chief Minister Arvind Kejriwal has finally woken up to the potential in green jobs. In the annual budget presented by state finance minister Manish Sisodia for financial year 2022-23, branded the Rozgar budget or Jobs budget, the government has finally shown awareness of the […] Read more
Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
Exicom completes installation of 5,000 EV chargers in 4 years Updated On Fri, Mar 25th, 2022 by Saurenergy Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […] Read more
MHI sanctions 2877 EV charging stations under FAME Phase-II Updated On Thu, Mar 24th, 2022 by Saurenergy The Ministry of Heavy Industries (MHI) has sanctioned 2877 charging stations in 68 cities across 25 states/UTs under Phase-II of FAME India Scheme. The details of solar-based charging stations sanctioned and installed in the cities and states under FAME India Scheme Phase-II are as follows: Additionally, MHI has sanctioned 1576 EV Charging Stations across 16 […] Read more
SK E&S acquires EverCharge, sets foot in US EV charging market Updated On Thu, Mar 24th, 2022 by Saurenergy Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […] Read more
TCC builds new gen EV charging infra with 7-ELEVEN in Taiwan Updated On Tue, Mar 22nd, 2022 by Saurenergy Taiwan Cement Corp’s subsidiary NHOA.TCC and President Chain Store’s subsidiary 7-ELEVEN have announced the “New Energy, New Lifestyle” plan to jointly build a new generation of electric vehicle (EV) charging infrastructure that combines green energy, energy storage and EV charging services. NHOA.TCC’s first EV charging infrastructure is located at Taiwan’s Hualien’s City’s most popular tourist […] Read more
Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round Updated On Tue, Mar 22nd, 2022 by Saurenergy EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […] Read more
