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
India’s First All-Electric Taxi Fleet BLU-SMART Launched In Delhi NCR Updated On Thu, Jan 17th, 2019 by Saurenergy Blu-Smart is India’s first on-demand mobility platform that will be multi-modal, artificial intelligence based providing pollution free smart mobility solution Bringing a new concept to the capital, Gensol Mobility, a Maharashtra based company has launched an all-electric cab service In Delhi-NCR area. This is India’s first all-electric cab services ‘Blu-Smart’. Gensol Mobility, part of the Gensol group, […] Read more
Indian Railways Issues Tender for 2 MW Solar Projects Near Delhi Updated On Wed, Jan 16th, 2019 by Saurenergy The last date for submission of bids is January 28, 2019. Railway Energy Management Company Limited (REMCL), a joint venture of India Railways and RITES Ltd., incorporated to manage Energy Management portfolio of Indian Railways, on behalf of Northern Railway (NR) has invited proposals from contractors/firms for setting up of 2 MW Solar PV Power […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
Union Cabinet Approves MoU Between India and France on Renewable Energy Updated On Tue, Dec 18th, 2018 by Saurenergy The objective of the MoU as described in the press release, “is to define the modalities of discussions concerning, in particular, the future collaboration.” The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding (MoU) between India and France in the domain of renewable energy. The MoU was signed between […] Read more
