Schneider Electric Acquires Electrical & Automation Business of L&T Updated On Tue, Sep 1st, 2020 by Saurenergy Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […] Read more
IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr Updated On Tue, Sep 1st, 2020 by Saurenergy IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […] Read more
Sungrow Bags 100% Bankability for a Second Year From BNEF Updated On Mon, Aug 31st, 2020 by Saurenergy Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […] Read more
Hyderabad Int Airport Bags Multiple Energy Management Awards From CII GBC Updated On Mon, Aug 31st, 2020 by Saurenergy The Hyderabad International Airport has won the Confederation of Indian Industry-Godrej Green Business Centre (CII GBC) ‘National Energy Leader’ and ‘Excellent Energy Efficient Unit’ award. The Hyderabad International Airport has won the Confederation of Indian Industry-Godrej Green Business Centre (CII GBC) ‘National Energy Leader’ and ‘Excellent Energy Efficient Unit’ award. The GMR led Hyderabad International Airport was awarded at the 21st […] Read more
Power Tariffs to Remain Unchanged in Delhi for 2020-21: DERC Updated On Mon, Aug 31st, 2020 by Saurenergy DERC has come up good for millions of consumers in Delhi after it announced that there would be no power tariffs hike in 2020-21 in view of the pandemic. The Delhi Electricity Regulatory Commission (DERC) has come up good for the millions of consumers in the National Capital after it announced that there would be […] Read more
IEX, PXIL Make the Case for Reopening REC Trading Updated On Mon, Aug 31st, 2020 by Saurenergy IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […] Read more
Okaya Partners With BluSmart for EV Charging Stations Updated On Mon, Aug 31st, 2020 by Saurenergy Okaya has partnered with BluSmart Electric Mobility, with the aim to provide a well-laid out EV charging stations for their fleet operations Okaya Power Group has announced that it has formed a strategic partnership with BluSmart Electric Mobility, one of India’s largest fleet operators of electric four-wheeler vehicles with the aim to provide a well-laid […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh Updated On Sat, Aug 29th, 2020 by Saurenergy Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […] Read more