SaurEnergy Explains-India’s New Found Love for Premium EVs Updated On Thu, Mar 20th, 2025 by Saurenergy India, traditionally an affordable car market, is witnessing a surprising surge in demand for expensive electric vehicles, particularly e-SUVs, crossovers, and luxury EVs. This shift is intriguing, given the country’s long-standing preference for budget-friendly vehicles. With prices of the recently launched cars beginning from ₹14 lakh ex-showroom for the MG Windsor to ₹30.5 lakh ex-showroom […] Read more
Chartered Speed Aims To Operate Over 900 E-Buses In 13 Cities Updated On Wed, Mar 19th, 2025 by Saurenergy Chartered Speed, a bus passenger mobility company operating in the B2G, B2B, and B2C sectors in India, announced that it has been awarded the contract to operate more than 900 electric buses by Convergence Energy Services Limited (CESL). The company will procure, operate, and maintain these buses under the Pradhan Mantri e-Bus Sewa Scheme across […] Read more
News In Brief March 13: JSW Neo Energy, REC-Kerala MoU, Magenta’s NorMinc Updated On Thu, Mar 13th, 2025 by Saurenergy JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […] Read more
India’s EV Sector Is Looking For Its Maruti Moment Updated On Wed, Mar 12th, 2025 by Saurenergy India’s automobile industry has witnessed transformative moments, but none as impactful as the Maruti Suzuki revolution of the 1980s. The Maruti 800 democratized car ownership, making vehicles accessible to the formidable ‘middle class’ and revolutionizing the Indian car market. Today, as the country stands on the cusp of an EV revolution thanks to the Indian […] Read more
Ladakh: Group Surya Wins Solar-Hydrogen Microgrid Project Updated On Tue, Mar 11th, 2025 by Saurenergy Group Surya’s subsidiary, Surya International, has secured an EPC package to develop a 200 kW Solar-Hydrogen BESS-Based Microgrid in Chushul, Ladakh. NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Ltd., awarded the project to the Odisha-based company. NTPC and the Indian Army launched this initiative to utilize green hydrogen for round-the-clock (RTC) power […] Read more
Will Gensol Be Able To Drive Out of Latest Crisis? Updated On Fri, Mar 7th, 2025 by Saurenergy A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […] Read more
ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects Updated On Wed, Mar 5th, 2025 by Saurenergy ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […] Read more
Brookfield Announces Sale of 1.6 GW of RE Assets To Gentari Updated On Wed, Mar 5th, 2025 by Saurenergy Brookfield Asset Management, an alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”). These will be structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, is […] Read more
Madhya Pradesh Allocates Rs. 2 Crore For EV R&D Promotion Updated On Wed, Feb 19th, 2025 by Saurenergy Soon after releasing its draft electric vehicle (EV) policy, the Madhya Pradesh (MP) cabinet has now approved the “Electric Vehicle Policy-2025.” This cabinet approved this policy under the chairmanship of Chief Minister (CM) Yadav. The Cabinet approved the policy to make electric vehicles the primary mode of transportation for the general public in the future. […] Read more
