ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
India’s Global Himalayan Expedition Wins UN Climate Action Award Updated On Wed, Oct 28th, 2020 by Saurenergy Global Himalayan Expedition, an Indian organisation that leverages tourism and technology to help remote communities access solar energy has won the 2020 UN Global Climate Action Award. Global Himalayan Expedition, an Indian organisation that leverages tourism and technology to help remote communities access solar energy has won a prestigious UN award for its efforts to […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more
Over 90% Families Have Electricity Meters, Billed Regularly: CEEW Updated On Thu, Oct 8th, 2020 by Saurenergy As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per CEEW. As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per two independent studies released by the CEEW. The studies are based on findings from India Residential […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
Dutch Development Bank FMO Invests $5 Million in Husk Power Updated On Wed, Oct 7th, 2020 by Saurenergy Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […] Read more
Indian Oil Powers up Rooftop Solar Plant at Northern Regional Office Updated On Wed, Oct 7th, 2020 by Saurenergy The Indian Oil Corporation has announced that its northern regional office in the national capital has commissioned a 50 kW rooftop solar power plant. The Indian Oil Corporation (IOCL) has announced that its northern regional office in the national capital has commissioned a 50-kilowatt (kW) rooftop solar power plant to electrify the building. “The solar plant has 150 solar panels of 335 […] Read more
