Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
The Power Minister and Power Honchos In Virtual Open House. Report Updated On Fri, May 15th, 2020 by Saurenergy At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […] Read more
NTPC Tenders for HT Switchgear Package for Solar Project in M’rashtra Updated On Wed, May 13th, 2020 by Saurenergy State-owned NTPC, India’s largest energy conglomerate, has floated tender inviting eligible bidders for HT switchgear package of Solapur solar photovoltaic (PV) project at Solapur in Maharashtra. The earnest money deposited (EMD) for the tender is Rs 1 lakh and the tender fee is Rs 1,125 excluding bank charges. Further, the last date and time for document […] Read more
For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
Uttarakhand to Empanel EPC Contractors for Rooftop Solar Projects Updated On Tue, May 12th, 2020 by Saurenergy UREDA has issued a tender for empanelment of the EPC contractors for commissioning of rooftop and small solar plants at various locations in Uttarakhand. The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a tender, inviting bids from eligible firms for the empanelment of the EPC contractors to undertake work of project commissioning of grid-connected […] Read more
Why Resisting Calls To Hold Back Amendments to Electricity Act Is Vital Updated On Tue, May 12th, 2020 by Saurenergy Even as the Electricity Act Amendment Bill, that seeks to make crucial changes to the Electricity Act (2003) is seemingly on the verge of being finalised for passing, resistance has finally started showing up. Predictably, it is Tamil Nadu, a state which has some of the highest market distortions in its power market, that has […] Read more
Amid Lockdown, India to boost Discoms With Electricity Despite Dues Updated On Tue, Apr 21st, 2020 by Saurenergy Generation, transmission firms in India will be involved in the continuous supply and transmission of electricity to Discoms despite their outstanding dues In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (Discoms) despite the huge outstanding dues. As […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
Solar Energy and EV Charging Infrastructure Updated On Fri, Apr 3rd, 2020 by Saurenergy With the push to move to electric mobility at a national scale, and with the government being very enthusiastic about deployment of electric vehicles, the electronic industry can expect to see a lot of activity around indigenous development and manufacturing. While electric vehicles are being worked upon by major OEMs, an ecosystem for development of […] Read more