Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
Karnataka Commission Encourages Third Party Investments in Rooftop Solar Updated On Fri, Dec 13th, 2019 by Saurenergy KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said. Updated On Fri, Nov 29th, 2019 by Saurenergy The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […] Read more
Microgeneration and Power Trading – Will it work for India Updated On Thu, Nov 28th, 2019 by Saurenergy At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Net Metering to be Permitted Until Capacity Surpasses 500 MW in Haryana Updated On Tue, Nov 26th, 2019 by Saurenergy HERC has issued a revised version of its regulations for rooftop solar grid-interactive systems based on net metering in Haryana The Haryana Electricity Regulatory Commission (HERC) in response to a petition filed by the Haryana Renewable Energy Development Agency (HAREDA), has issued a revised version of its regulations for rooftop solar grid-interactive systems based on […] Read more
Petronas On-Track to Build Effective Biz Ecosystem in India: Rizan Ismail Updated On Fri, Nov 22nd, 2019 by Saurenergy With an aim to tap the demand for energy, power and consumer goods in India, Malaysia-based Petroliam NasionalBerhad (Petronas) is ramping up efforts to strengthen footprints in the country. With more than 20 years of strategic partnerships covering 6 business segments in India, Rizan Ismail, Chairman of Petronas Energy (India) Pvt Ltd, said “Petronas is […] Read more
