Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
No Slowdown in Solar Power Generation Post Safeguard Duty: RK Singh Updated On Thu, Jul 25th, 2019 by Saurenergy India generated over 81 thousand million units (MU) of solar power in the last three financial years, minister RK Singh informed the Rajya Sabha. India generated over 81 thousand million units (MU) of solar power in the last three financial years (2016-17 to 2018-19), Minister of State for Power and New and Renewable Energy, RK […] Read more
Government Eases Norms for Grid Connected Wind Projects Updated On Wed, Jul 24th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has made amendments to the tariff bidding process for wind energy projects, in a move to reduce investment risk and incentivise faster project completion in the sector. The guidelines, which were last notified on 8th December, 2017, are meant exclusively for grid connected projects. The following changes […] Read more
Oil India Limited Issues EoI for 100 MW Solar Plant Updated On Fri, Jul 19th, 2019 by Saurenergy Oil India Limited has issued an EoI for development of a 100 MW solar power plant in any state under the CPSU scheme. Oil India Limited (OIL), a Navaratna enterprise, has issued an Expression of Interest (EoI) for development of a 100 MW grid-connected solar power plant in any state under the second phase of […] Read more
Captive Power Producers in Rajasthan Stand Together Against Duty Hike Updated On Fri, Jul 19th, 2019 by Saurenergy After the decision to hike electricity duty on captive power by 150%, representatives from energy-intensive sectors in Rajasthan are knocking on the doors of various government departments Rattled by the Rajasthan government’s decision to hike electricity duty on captive power by 150 percent, representatives from energy-intensive sectors like cement, textile, mining, etc have come together […] Read more
India Might Miss out on 2030 EVs Target: Ajay Mathur Updated On Thu, Jul 18th, 2019 by Saurenergy EVs could be a better alternative, but the government’s target to switch to them in the next 10 years is hard to achieve, TERI Chief Ajay Mathur said Electric Vehicles (EVs) could be a better alternative to fuel-based automobiles to mitigate air pollution but the government’s target to switch to e-vehicles in the next 10 […] Read more
American Electric Power Seeks to add 1500 MW Wind Capacity in Oklahoma Updated On Tue, Jul 16th, 2019 by Saurenergy American Electric Power has announced that its PSO and SWEPCO companies are seeking approvals to purchase 3 wind projects under development in Oklahoma American Electric Power, a major investor-owned electric utility has announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co (SWEPCO) companies are seeking regulatory approvals to purchase three […] Read more
4 Lakh EVs in India, Half of Them in Delhi & UP: Nitin Gadkari Updated On Mon, Jul 15th, 2019 by Saurenergy Nitin Gadkari has informed that at present there are nearly 4 lakh (3,97,184) registered EVs or battery operated vehicles in India The Minister for Road Transport and Highways, Nitin Gadkari, has informed that at present there are nearly 4 lakh (3,97,184) registered electric vehicles (EVs) or battery operated vehicles in India and that more than […] Read more
IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale Updated On Fri, Jul 12th, 2019 by Saurenergy IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […] Read more
