News In Brief July 11: Solar At Chamunda Devi, Enfinity, ‘Copperstring’ Project Updated On Thu, Jul 11th, 2024 by Saurenergy KLK Ventures Illuminates Chamunda Mata Mandir With Solar-Powered Safety And Sustainability KLK Ventures Pvt. Ltd., a renewable energy solutions provider has completed a solar lighting installation project at Chamunda Mata Mandir in Himachal Pradesh. This project was undertaken in collaboration with HIMURJA, the state agency responsible for promoting renewable energy in Himachal Pradesh. US IPP […] Read more
With Infusion Of Rs 900cr, Inox Wind To Achieve Net Debt Free Status Updated On Thu, Jul 4th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced the completion of infusion of around Rs 900 crores into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL on May 28, 2024, through the sale of equity shares of IWL through block deals on the stock exchanges, […] Read more
HPPCL Issues Tender For 12MW Solar Power Project In Una Updated On Wed, Jun 26th, 2024 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) a state government public sector undertaking (PSU) released a tender to design, supply, construction, erection, testing, commissioning, operation, and maintenance of 12 MW solar power project. HPPCL tender invited online bids to set up the project at Gondpur Bulla, Una in Himachal Pradesh. HPPCL tender includes a bid security […] Read more
SJVN Shifts Focus On Developing More Solar & Wind Power Updated On Fri, Jun 14th, 2024 by Saurenergy Indian Public Sector Enterprise, SJVN Limited, known for its mandate and history of developing mainly hydroelectric power has now shifted its interest towards solar and other renewable projects. Based on SJVN’s projections on assets and ongoing, and future projects, it can be inferred that it plans to reach this goal as early as 2026. In […] Read more
Indian Wind Turbine Maker Inox Wind To Go For Fund Raise Updated On Tue, Jun 4th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) announced that its Board of Directors, in its recent meeting has approved the raising of funds in the company. With the board’s approval in place and further subject to shareholder and other regulatory approvals, the proceeds from the sale of IWL shares by IWL’s promoter Inox Wind […] Read more
ADB Commits $2.6 Billion In Sovereign Lending to India Updated On Wed, May 29th, 2024 by Saurenergy The Asian Development Bank (ADB) which supports projects in developing member countries committed $2.6 billion in sovereign lending to India in 2023 for projects related to urban development, supporting industrial corridor development, promoting power sector reforms, support horticulture, and enhance connectivity. ADB also extended $23.53 million in technical assistance and $4.1 million in grants under […] Read more
Sushil Sharma Assumes Additional Charge As CMD In SJVN Updated On Sat, May 4th, 2024 by Saurenergy Sushil Sharma has assumed additional charge of Chief Managing Director (CMD) and Dir. (Personnel) of SJVN Ltd. Presently, Sharma is serving as Dir. (Projects) in SJVN and was recommended for the post of CMD, SJVN after a rigorous selection process by the Public Enterprises Selection Board (PESB) on April 8, 2024. He played a pivotal […] Read more
SJVN Suffers Setback At 15 MW Nangal Pond Floating Solar Project Updated On Mon, Apr 29th, 2024 by Saurenergy The 15 MW Nangal pond project in Himachal Pradesh, being developed by SJVN, and considered the largest floating solar project under construction in North India, has suffered a setback. Reports confirm that the installation work at the plant has suffered due to damage caused to modules already installed by weather related phenomenon. The project, taken […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] Read more
