Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Government Allows Sale and Registration of EVs Without Batteries Updated On Fri, Aug 14th, 2020 by Saurenergy The Ministry of Road Transport and Highways (MoRTH), Government of India, has allowed for the registration of EVs without pre-fitted batteries The Ministry of Road Transport and Highways (MoRTH), Government of India, has allowed for the sale and registration of electric vehicles (EVs) without pre-fitted batteries. In a letter to Transport Secretaries of all the […] Read more
SIGECO Issues 2nd RFP Targeting Wind, Solar & Solar + Storage Updated On Thu, Aug 13th, 2020 by Saurenergy CenterPoint Energy’s Indiana-based electric and gas business, SIGECO is opening a new RFP to seek a combination of wind, solar and solar + storage resources CenterPoint Energy has announced that its Indiana-based electric and gas business, Southern Indiana Gas and Electric Co (SIGECO) is opening a new request for proposals (RFP) to seek a combination of wind, […] Read more
XLRI Planning for 1 MW Solar Plant in NCR Campus Updated On Thu, Aug 13th, 2020 by Saurenergy The Xavier School of Management (XLRI) is planning to set up a 1 MW solar power plant in its newly established Delhi NCR campus in Jhajjar, Haryana. The Xavier School of Management (XLRI), one of the top 10 business management schools in India, is planning to set up a 1 MW solar power plant in […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
Tata Projects Completes 110 km Transmission Line Project in Thailand Updated On Tue, Aug 11th, 2020 by Saurenergy TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […] Read more
Electric Truck Sales to Increase Exponentially by 2025: WoodMac Updated On Tue, Aug 11th, 2020 by Saurenergy There were just over 2000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to Wood Mackenzie There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
