Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX Updated On Sat, May 16th, 2020 by Saurenergy Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
Tender Issued for 19,000 Solar Street Lights Under MNRE Scheme in Punjab Updated On Fri, May 15th, 2020 by Saurenergy PEDA has tendered for commissioning of 19,000 solar street lights in Punjab under the MNRE off-grid and decentralised solar PV applications scheme. The Punjab Energy Development Agency (PEDA) has issued a tender, inviting bids from eligible vendors and firms for the work of designing and commissioning of 19,000 solar street lights in the state under […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Nearly 600,000 Clean Energy Jobs Lost in the US due to Pandemic: Report Updated On Thu, May 14th, 2020 by Saurenergy A new report has revealed that April saw at least 447,200 new clean energy jobs lost, bringing the total to 594,300 since the beginning of the pandemic. A report tracking the impact of the Coronavirus pandemic on US employment has revealed that April brought clean energy job losses triple those seen in March, for an […] Read more
NTPC Tenders for HT Switchgear Package for Solar Project in M’rashtra Updated On Wed, May 13th, 2020 by Saurenergy State-owned NTPC, India’s largest energy conglomerate, has floated tender inviting eligible bidders for HT switchgear package of Solapur solar photovoltaic (PV) project at Solapur in Maharashtra. The earnest money deposited (EMD) for the tender is Rs 1 lakh and the tender fee is Rs 1,125 excluding bank charges. Further, the last date and time for document […] Read more
Big Bang? 90K Crores Credit Line For Discoms in Stimulus Package Updated On Wed, May 13th, 2020 by Saurenergy After the Prime Minister announced his Rs 20 trillion stimulus package yesterday, in the morning today, we had written about how lack of any strong, concrete measures to solve the discom mess in India would be a very disappointing outcome for the power sector. The good news is, the sector has been saved disappointment in […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
Inox Wind Begins Work on Phase-I of Gujarat Wind Projects Updated On Mon, May 11th, 2020 by Saurenergy Inox Wind has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. Inox Wind has announced that it has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. The first phase of the […] Read more
