Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
Nunam Will Deploy The Used Batteries of Audi In E-Rickshaw Updated On Fri, Jun 17th, 2022 by Saurenergy Indo-German startup Nunam has found a way to recycle and use the used batteries of luxury car Audi. A press release by the startup on June 15 claimed that the recycled batteries of Audi will be used as a pilot project in the e-rickshaws already mainstreaming the commuting system for the office goers particularly across […] Read more
CERC Orders Grant Of Transmission Licence To Adani Transmission Updated On Fri, Jun 17th, 2022 by Saurenergy Central Electricity Regulatory Commission (CERC) ordered on June 16 the grant of transmission licence to Khavda-Bhuj Transmission Limited subject to fulfillment of 14 conditions under the monitoring eyes of Central Electricity Authority which will bring to the notice of the Commission any lapse on the part of the licensee. Owned by Adani Transmission, Khavda-Bhuj Transmission […] Read more
Amara Raja To Set Up Green Hydrogen Fueling Station In Leh for NTPC Updated On Wed, Jun 15th, 2022 by Saurenergy Amara Raja Power Systems has announced that the company has received an order from the state owned National Thermal Power Corporation (NTPC) for the development of the first green hydrogen fuelling station on the heights of Leh in Ladakh region. Amara Raja Power Systems is a part of the $1.3 billion strong Amara Raja Group. […] Read more
NTPC Sets In Motion Commercial Operations Of 15 MW Kawas Solar Updated On Wed, Jun 15th, 2022 by Saurenergy State-owned NTPC has started commercial operations of its 15 MW solar capacity at Kawas Solar Project in Gujarat on June 15. A statement released by the company reads, “…second part capacity of 15 MW out of 56 MW Kawas Solar PV Project at Kawas is declared on commercial operation with effect from 00:00 hours of […] Read more
J&K approves 200 MW rooftop solar project in Jammu city Updated On Mon, Jun 13th, 2022 by Saurenergy The Administrative Council (AC) headed by LG Manoj Sinha, has approved the development of 200 MW of grid-connected rooftop solar power plants in Jammu City. These plants hope to take the optimal advantage of the solar irradiance in the high resource region of Jammu and Kashmir. They will come up as part of the ‘Solar […] Read more
GUVNL’s 500 MW Solar Auction Winners Updated On Mon, Jun 13th, 2022 by Saurenergy ABREL SPV 2 (Aditya Birla Renewable Energy), Hinduja Renewables Energy, and state owned SJVN were declared the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW capacity of solar projects under Phase XIV. The winners quoted a price of Rs 2.30 per unit, with SJVN quoting Rs 2.31/unit or kW. While ABREL and […] Read more
