Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021 Updated On Wed, May 27th, 2020 by Saurenergy Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally. […] Read more
NTPC Tenders for EPC Package for 600 MW Solar PV Projects Updated On Wed, May 27th, 2020 by Saurenergy NTPC Ltd has invited bids for the EPC Package with land for the development of ISTS grid-connected solar PV projects up to 600 MW capacity. NTPC Ltd has issued an Invitation for Bids (IFB), inviting bids from eligible bidders for the EPC Package with land for the development of ISTS grid-connected solar PV projects up […] Read more
Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
Heatwave Comes to the Rescue of Delhi’s Power Demand Updated On Wed, May 27th, 2020 by Saurenergy Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions. Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions, distribution company officials have said. At 5,268 MW past […] Read more
PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh Updated On Wed, May 27th, 2020 by Saurenergy PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more
15 GW Renewable In Two years In The EU to Recover From Pandemic Updated On Wed, May 27th, 2020 by Saurenergy The European Commission or EU, is planning a massive 15GW push for renewable energy tenders in the next 2 years to pull the union out of the recession caused by the Covid-19 pandemic. The EU has suffered the highest mortality counts as of now, and countries across the continent have struggled to manage wide, extended […] Read more
KSEDC Seeks Agencies for Installation of Grid Interactive Hybrid Rooftop Solar Plants in K’taka Updated On Tue, May 26th, 2020 by Saurenergy The Kerala State Electronics Development Corporation Ltd (KSEDC) has invited applications (Expression of Interest or EoI) for empanelment of agencies and EPC contractors for the installation of grid-interactive hybrid solar rooftop power plant. These hybrid rooftop solar plants will be installed at the nodal agency’s different offices spread across the state of Karnataka on turnkey […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
