Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
Around 54 GW of RE Projects Under-Construction in India: CEA Report Updated On Thu, Jul 13th, 2023 by Saurenergy Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […] Read more
KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender Updated On Wed, Jul 5th, 2023 by Saurenergy KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […] Read more
Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory Updated On Mon, Jul 3rd, 2023 by Saurenergy A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
Satyajit Ganguly Joins PXIL as CEO & MD Updated On Wed, Jun 28th, 2023 by Saurenergy Satyajit Ganguly has joined Power Exchange India Ltd (PXIL) as its Managing Director and Chief Executive Officer (CEO). Satyajit’s professional experience spanning 35 years entails working with NTPC, Central Electricity Authority in Western Regional Electricity Board (WREB), Power Grid, Lanco Power Ltd, Vedanta Group, OTPC. Before he joined PXIL, Satyajit was Managing Director with North […] Read more
NHPC Limited Appoints Uttam Lal As Its New Director (Personnel) Updated On Wed, Jun 14th, 2023 by Saurenergy India’s leading hydro power generator-National Hydro Power Corporation (NHPC) Limited has now appointed Uttam Lal as its Director (Personnel). Lal, before this appointment at the NHPC, was serving as Chief General Manager (HR-CSR/R&R/LA) at NTPC Limited. “He has over 35 years of vast and rich experience in the area of Personnel Management, Industrial Relations and […] Read more
MNRE Revises Norms For Dispute Resolution Mechanism Updated On Thu, Jun 8th, 2023 by Saurenergy In its latest order, the Ministry of New and Renewable Energy (MNRE) has revised the guidelines for setting up a Dispute Resolution Mechanism (DSM). The Ministry earlier had issued the norms for the first time in 2018 and later made several amendments. The ministry, in the latest order, said that the new norms would supersede all previous […] Read more
Indian Military Installs Its First Solar Plant At Narengi Station-Assam Updated On Sun, Jun 4th, 2023 by Saurenergy With an objective of providing green and reliable power to its troops, the Indian Army is transforming the Narengi Military Station into a completely renewable-based military facility. The Narengi Military Station is situated near Guwahati, Assam and the army has installed a solar power plant at the military station which has a capacity of 1-MW. […] Read more
