Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Green Energy Open Access: KERC Includes Centre’s Amended Norms Updated On Thu, Aug 10th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest order, included the amendment norms of the Union government on Green Energy Open Access in its state Green Energy Open Access rules to extend the benefits of the same in the southern Indian state. Karnataka issued the Green Energy Open Access in 2022. The same year the […] Read more
Demand For Suzlon’s 3MW Wind Turbines Picks Up, Supplies From Q4 Updated On Thu, Aug 10th, 2023 by Saurenergy Buoyed by the increasing demand for its 3 Megawatt (MW) wind turbines, India’s leading wind energy company Suzlon Group plans to go bullish over the advanced technology. In its latest investors call, the company’s top management said that they were getting overwhelming orders for its 3MW series. JP Chalasani, the company’s Chief Executive Officer (CEO) said […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
KERC Extends Deadline For Installation of AMR Meters Updated On Fri, Aug 4th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has now ordered an extension of the deadline for the mandatory installation of Automatic Meter Reading (AMR) meters for eligible power entities. It comes after the discoms made a demand for the same. However, the KERC expressed its displeasure over the slow deployment of AMR Meters in the state […] Read more
12 States Now Host India’s 50 Solar Parks Updated On Fri, Aug 4th, 2023 by Saurenergy Recent data from Lok Sabha shared by the Union Minister of New and Renewable Minister RK Singh indicated that solar parks have made its entry to 12 Indian states. At the same time, it is still a non-starter in many other states. A written reply by the minister said that these 12 states now host […] Read more
Power Grid Set To Commission 85 MW Solar Project In MP Updated On Wed, Aug 2nd, 2023 by Saurenergy The Power Grid Corporation of India has now decided to commission an 85 MW solar project at Nagda in Madhya Pradesh. This is against the prime work of power transmission by the state-owned company. In its latest self-disclosure to the Bombay Stock Exchange (BSE), the firm talked about the approval of the Board over the […] Read more
India Hints At Developing Lithium From Lab To Reality Updated On Tue, Aug 1st, 2023 by Saurenergy Union Minister of Mines and Coal Pralhad Joshi, in his recent reply made before the Lok Sabha, said that India has already made successful attempts to extract Lithium from the mineral concentrate on a laboratory scale. He also said that the country was able to develop technologies to utilize the Lithium sources present in the […] Read more
