NTPC REL & Indian Army Join Forces for Green Hydrogen Projects Updated On Tue, Mar 21st, 2023 by Saurenergy A fully-owned subsidiary of the NTPC Limited, NTPC Renewable Energy Ltd has signed an MoU with the Indian Army for the establishment of Green Hydrogen projects in its establishments. These will be on Build, Own and Operate (BOO) model. The aim of the partnership is to reduce complex logistics, dependence on fossil fuels and to […] Read more
Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment Updated On Fri, Mar 17th, 2023 by Saurenergy Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
BMC Solicits Bids for Rs 90 cr Loan for Multiple Renewable Energy Projects Updated On Mon, Mar 13th, 2023 by Saurenergy Bhopal Municipal Corporation has issued a tender to invite loans for the installation of 20 MW solar projects (Phase I), 21 MW solar projects (Phase II), 15 MW wind energy projects and 1 MW rooftop solar projects. The bids are invited from nationalized banks, private banks, financial institutions and non-banking financial companies for long-tenure term […] Read more
27 Delhi Metro Stations Ready for Solar Plants in Phase IV Updated On Fri, Mar 3rd, 2023 by Saurenergy Delhi Metro Rail Corporation (DMRC) is constructing 27 elevated metro stations under Phase IV to place solar plants in near future. Spaces will also be reserved for inverters, panels and other necessary solar equipment. Following the construction of the stations, rooftop solar plants would be set up depending on their alignment and exposure to sunlight, […] Read more
Essar Group to Invest $3.6 Billion in Energy Transition in UK, India Updated On Tue, Feb 28th, 2023 by Saurenergy Mumbai headquartered Essar Group has formed the Essar Energy Transition (EET) with the objective to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years in India and the United Kingdom. Essar Group held that EET of the total investment, $2.4 billion will be […] Read more
As More States Define EV Policies, Consistency and Relevance Key To Impact-Climate Trends Updated On Fri, Feb 17th, 2023 by Saurenergy Enabling policies both at national and state level have made the environment conducive for e-mobility in India. The figures speak for themselves. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. A study by […] Read more
PFC’s Consolidated Profit Climbs 7% at Rs 5241 Cr in Dec Quarter Updated On Tue, Feb 14th, 2023 by Saurenergy State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
