APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
CERC pushes Developers to settle Change in law issues with SECI directly, not in court Updated On Tue, Feb 15th, 2022 by Saurenergy In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […] Read more
Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs Updated On Mon, Feb 14th, 2022 by Saurenergy Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […] Read more
IIT Madras Partners with French Firm to Develop RE Research Park Updated On Mon, Feb 14th, 2022 by Saurenergy French glass and building material major Saint-Gobain India and IIT Madras Research Park have entered into an MoU on Thursday to develop a 100% Renewable Energy (RE) – research park. Saint-Gobain India will support IIT Madras Research Park with a funding of Rs one crore over the next three years and the collaboration is to […] Read more
US Advances ‘Right to Repair’ Bill for Auto, Electronic & Agri Sectors Updated On Fri, Feb 11th, 2022 by Saurenergy US Lawmakers have introduced three bills related to the right to repair, one for each of the automotive, agriculture, and electronics industries. These laws are meant to ensure that consumers get vehicles, electronic devices, and agriculture equipment serviced by independent shops. Representative Bobby Rush (D-IL), chairman of the House Energy and Commerce Subcommittee on Energy, […] Read more
Sustainability Consulting Leader Updated On Fri, Feb 11th, 2022 by Saurenergy As part of Buro Happold’s continued investment into our Sustainability capability in India, we have developed this new leadership position to meet the growing demands for strategic sustainability consultancy at a policy, corporate and built environment level in the India market. This role will see you occupying a critical leadership position within our India business and contributing to the growth […] Read more
Indian EV maker Altigreen Secures Rs 300 cr in Series A Round Updated On Fri, Feb 11th, 2022 by Saurenergy Indian EV maker Altigreen has raised around Rs 300 crore (approx. US$ 40 Million) as investment in its Series A round, to boost its manufacturing, launch new products including LCVs, and strengthen its countrywide presence. The funds will be utilized to ramp up production capabilities, accelerate R&D, facilitate fast-paced EV adoption and develop a robust Pan-India network to offer the […] Read more
Chandigarh Admin Notifies Draft EV Policy, Offers Financial Benefits Updated On Fri, Feb 11th, 2022 by Saurenergy Chandigarh Administrator Banwarilal Purohit has approved the “Draft Electric Vehicle (EV) Policy 2022” for the union territory, aiming to turn the latter into a ‘Model EV City’ through a significant increase in EV penetration within five years. Following its recent notification, the draft EV policy will stay in the public domain for a period of […] Read more
Euler Motors, TWU to Deploy 1,000 E3W Within a Year Updated On Fri, Feb 11th, 2022 by Saurenergy Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […] Read more
