India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari Updated On Fri, Aug 7th, 2020 by Saurenergy Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […] Read more
CERC Grants Approval for Third Power Exchange in India Updated On Thu, Aug 6th, 2020 by Saurenergy CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […] Read more
India’s Top 5 Power Producers And their Renewable Energy Plans Updated On Tue, Aug 4th, 2020 by Saurenergy In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […] Read more
Indian Oil Tenders for 350 kW Solar Projects in Gurugram Plant Updated On Tue, Aug 4th, 2020 by Saurenergy Indian Oil has tendered for the engineering, procurement and construction of 350 kW solar power plants at its LPG bottling plant in Gurugram, Haryana. The Indian Oil Corporation (IOCL) has issued a tender for the engineering, procurement and construction (EPC) of 350 kW solar power plants at its LPG bottling plant in Gurugram, Haryana. The […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
Sembcorp Dedicates 800 MW of Wind Projects In India With MNRE Minister Updated On Wed, Jul 29th, 2020 by Saurenergy At a special virtual event, Sembcorp Energy India Limited with its key management personnel, as well as the Union Minister for Power and MNRE, R.K. Singh present, dedicated 800MW of Wind Energy projects from SECI’s tranche 1 to 3 to the nation. with this, Sembcorp became the first independent power producer to complete its projects […] Read more
PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
India-EU Renew Agreement on Science and Technological Cooperation Updated On Mon, Jul 27th, 2020 by Saurenergy India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). The agreement was extended by the exchange of Note Verbale between two sides. […] Read more
EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus Updated On Fri, Jul 24th, 2020 by Saurenergy In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […] Read more
