IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
Central Railway Adds 4 More Locations Generating Solar Power in Maharashtra Updated On Mon, Mar 7th, 2022 by Saurenergy Rooftop solar installations in four more railway properties have begun to produce solar power in the Central Railway zone. The four newly added locations are Igatpuri railway hospital, Igatpuri railway station, Kasara railway station and Titwala cabin. The Central Railway says that that with the addition of the four new locations in the network, the […] Read more
Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years Updated On Mon, Feb 28th, 2022 by Saurenergy Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […] Read more
Hype powers the green hydrogen journey for now Updated On Mon, Feb 28th, 2022 by Saurenergy With not even a week since the National Green Hydrogen Policy (Phase1) was announced, you could be forgiven for thinking that the revolution is here. The key points of the policy are: Green Hydrogen / Ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Maharashtra’s EV Transition to Begin with Nearly ₹50 B Invt in E-bus Mfg Updated On Fri, Feb 25th, 2022 by Saurenergy Maharashtra, the economic hotspot of India, is attracting significant investments from both domestic and international EV players. London-based Causis E-Mobility has commenced manufacturing work at its new EV plant in Pune’s Talegaon and Pinnacle Mobility Solutions is also about raise its first plant in Pune in coming months. Causis E-Mobility has reportedly invested about Rs […] Read more
Virescent to acquire Godawari Green Energy’s 50 MW solar thermal plant Updated On Wed, Feb 23rd, 2022 by Saurenergy Godawari Power and Ispat Limited (GPIL) is on the verge of selling its 50-megawatt (MW) solar based thermal power plant to new entrant Virescent Infrastructure Investment Manager in the coming days. The senior leadership has held that the size of the total deal is about Rs 665 crore. The key reason forwarded by the company […] Read more
APTEL Censures MP Regulator for Condoning Discom Payment Delays Updated On Mon, Feb 7th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has reprimanded the Madhya Pradesh Electricity Regulatory Commission (MPERC) for showing reluctance in penalising the state discoms’ wilful non-compliance of its orders in cases of outstanding energy bills. In a recent judgement, APTEL ruled in favour of small wind energy generator CLP Wind Farms (India) Pvt. Limited (newly renamed as Apraava […] Read more
Power Minister Interaction With Stakeholders On Draft Policy For Energy Storage Systems Updated On Thu, Jan 27th, 2022 by Saurenergy In an important discussion on January 25, the Union Minister of Power and New and Renewable Energy, R.K. Singh interacted with Renewable Energy developers, industry and various government representatives to discuss the elements of the draft Policy on Energy Storage system. The policy aims at the creation of technology-agnostic large storage systems across the value […] Read more