ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
Kinetic Green Collaborates With Autoline to Develop E-Cycles Updated On Thu, Nov 28th, 2019 by Saurenergy Kinetic Green has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Pune-based electric vehicle (EV) maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
India Proactively Contributed to Combat Climate Change Updated On Tue, Nov 26th, 2019 by Saurenergy India has proactively contributed towards multiple efforts in order to combat climate change, said Babul Supriyo. Supriyo, who is the Minister of State, Ministry of Environment, Forest & Climate Change, has informed in a written reply in response to a question in the Rajya Sabha on Monday. The minister further added that, India will continue […] Read more
Petronas On-Track to Build Effective Biz Ecosystem in India: Rizan Ismail Updated On Fri, Nov 22nd, 2019 by Saurenergy With an aim to tap the demand for energy, power and consumer goods in India, Malaysia-based Petroliam NasionalBerhad (Petronas) is ramping up efforts to strengthen footprints in the country. With more than 20 years of strategic partnerships covering 6 business segments in India, Rizan Ismail, Chairman of Petronas Energy (India) Pvt Ltd, said “Petronas is […] Read more
India to Organize Summit on Smart & Green Mobility in Nov Updated On Thu, Nov 21st, 2019 by Saurenergy The another interesting highlight of the mobility summit would be the participation of experts working with leading international scientific & research organizations and testing laboratories from across the world. The government is organizing a mobility summit, NuGen Mobility Summit 2019, in the month of November this year based on the theme smarter and greener future […] Read more
The smarter E India to Organise its 11th Edition Next Week Updated On Thu, Nov 21st, 2019 by Saurenergy The smarter E India will be celebrating its 11th edition by next week from November 27 -29, 2019 in Bengaluru. With three parallel energy exhibitions, ‘The smarter E India’ is the country’s innovation hub for the new energy world. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Enel Green Power Begins Work on 299 MW US Wind Farm Updated On Wed, Nov 20th, 2019 by Saurenergy Enel Green Power North America has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Enel, through its US-based renewable company Enel Green Power North America, has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Expected to be fully operational […] Read more