Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr Updated On Thu, Feb 13th, 2020 by Saurenergy Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […] Read more
Q3 results. Sterling and Wilson Continues To Answer More Questions Updated On Thu, Feb 13th, 2020 by Saurenergy With the fracas over repayment of loans to promoters barely dying down, Sterling and Wilson’s rocky start to its relationship with the markets was supposed to become steadier. Instead, the firm found itself preparing for a barrage of questions, after underwhelming results. Readers might recall the punishment the firm’s stock price took, when it was […] Read more
Hyundai & Canoo to Co-Develop Electric Platform for Future EVs Updated On Wed, Feb 12th, 2020 by Saurenergy Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs Hyundai Motor Group and Canoo have announced that Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs. As part of […] Read more
SECI Extends Bid Deadline for its 4 MW Floating Solar With BESS Tender Updated On Wed, Feb 12th, 2020 by Saurenergy SECI has extended the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh BESS tender at Andaman and Nicobar Islands. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh Battery […] Read more
India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI Updated On Tue, Feb 11th, 2020 by Saurenergy India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […] Read more
MSEDCL Subsidy Scam Highlights Attitude To Solar Power in Maharashtra Updated On Mon, Feb 10th, 2020 by Saurenergy Maharashtra’s latest ‘scam’ potentially shows up just why getting discoms on board to promote renewable power is so difficult. A MERC (Maharashtra Electricity Regulatory Commission) appointed committee has filed a report that accuses the state power distribution utility, Mahavitaran or MSEDCL as its English moniker goes, of outright fraud. The report claims that MSEDCL has […] Read more
NISE to Organise Solar Analytics Workshop for Enhancing Plant Efficiency Updated On Mon, Feb 10th, 2020 by Saurenergy The MNRE-backed National Institute of Solar Energy (NISE) in association with Pragya Solar, a social startup, is organizing five-day training program on solar analytics. The program is aimed at developing CoE (Centre of Excellence) on analytics for organization as well as developing skills for managing the same. It encompass the combination of solar domain with […] Read more
Inox Wind Reports Rs 27.47 Crore Losses in December 2019 Quarter Updated On Mon, Feb 10th, 2020 by Saurenergy Inox Wind recently issued its financial results for the quarter ended December 2019, with the firm reporting a consolidated net loss of Rs 27.47 crore. Wind energy solutions provider Inox Wind recently issued its financial results for the quarter ended December 2019, in which the firm has reported a consolidated net loss of Rs 27.47 crore. […] Read more
Canadian Solar Acquires 47.5 MW Solar Portfolio in Chile Updated On Fri, Feb 7th, 2020 by Saurenergy Canadian Solar has announced that it has completed the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. Canadian Solar, one of the world’s largest solar power companies, has announced the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. These projects will become operational in two different […] Read more