Tata Power-DDL Launches New Initiative For Early Bill Payers Updated On Mon, Mar 25th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has started a new initiative which will reward early bill payers for the month of March. The distribution company will open the initiative for all its consumers, to stand a chance to win prizes by paying their electricity bill before March 31, 2019. The scheme offers consumers a chance […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
BHEL Installs First Solar-Powered EV Charging Stations on Delhi-Chandigarh Highway Updated On Wed, Mar 6th, 2019 by Saurenergy The project is covered under the Department of Heavy Industry’s FAME scheme. State-run Bharat Heavy Electricals Ltd. (BHEL) said the company is setting up a network of solar-based electric vehicle chargers on the Delhi-Chandigarh highway. The project is covered under the Department of Heavy Industry’s FAME scheme (Faster Adoption and Manufacturing of (Hybrid) & Electric […] Read more
Rethinking a Renewable-Only Energy Future Makes Sense: Karin Kneissl Updated On Wed, Feb 27th, 2019 by Saurenergy The Austrian Foreign Minister has said that it now makes sense to rethink the renewable-only energy future. Austrian Foreign Minister Karin Kneissl has said that it now makes sense to rethink the renewable-only energy future because, in the process of aiming too high, the countries run the risk of missing their targets of socially acceptable […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more
Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
IPGCL Issues L1 Bidders List for Delhi’s 35MW Rooftop Solar Tender Updated On Tue, Jan 22nd, 2019 by Saurenergy IPGCL Notifies L1 Bidders for Part-A/B/C Resco of 35MW Rooftop Solar Tender issued for Delhi Delhi Government-owned utility firm Indraprastha Power Generation Co Ltd (IPGCL) has notified the selection of L1 bidders for the grid interactive rooftop solar PV power plant under RESCO-A, RESCO-B & RESCO-C vide RFS No.: IPGCL/RFS-EOI-2/RESCO-CAPEX/07/2018-19. According to the notification for […] Read more
BHEL to Set Up EV Charging Points on Delhi-Chandigarh Highway Updated On Thu, Jan 17th, 2019 by Saurenergy India is pushing for greater use of electric vehicles to reduce vehicular pollution and cut dependence on oil imports. State-owned Bharat Heavy Electricals Ltd (BHEL) has announced that it will set up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway. “The establishment of EV chargers at regular intervals over the entire […] Read more