MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment Updated On Wed, Feb 8th, 2023 by Saurenergy MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […] Read more
Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh “Smart Meters” for Bombay Electric Supply & Transport (BEST) customers, which will “empower” the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according […] Read more
Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat Updated On Mon, Sep 5th, 2022 by Saurenergy Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […] Read more
BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer Updated On Wed, Jul 6th, 2022 by Saurenergy China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […] Read more
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
Honda, GM Come Together to Roll Out Affordable EVs from 2027 Updated On Wed, Apr 6th, 2022 by Saurenergy Global auto giants Honda Motor and General Motors have announced that they will collaborate to develop affordably priced electric vehicles and enable global production of millions of EVs starting in 2027, including compact crossover vehicles by leveraging technology, design and sourcing strategies of the two companies. The idea is to find economies of scale and lower […] Read more
General Motors Fuels $7 Billion in Electric Vehicle Updated On Thu, Feb 3rd, 2022 by Saurenergy US automotive heavyweight General Motors (GM) is a major force in the race to electric mobility in the country. The company’s recent announcement is going to further intensify the competition in the sector as GM plans to make a record-breaking investment of $7 billion towards development of facilities in its headquarters in Detroit, Michigan. This […] Read more
SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78 Updated On Tue, Mar 16th, 2021 by Saurenergy Life returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won […] Read more
