Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
Duke Energy Announces 350 MW Wind Project in Oklahoma Updated On Thu, Jul 25th, 2019 by Saurenergy Duke Energy Renewables has announced the largest wind power project in its fleet, the 350 MW Frontier Windpower II project in Kay County, Oklahoma. Duke Energy Renewables, a commercial business unit of Duke Energy, has announced the largest wind power project in its fleet – the 350 MW Frontier Windpower II project in Kay County, […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
Adani Green Energy Planning 800 MW RE Projects Updated On Thu, Jul 25th, 2019 by Saurenergy Adani Green Energy plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years Adani Green Energy (AGEL) plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years, the company has announced in a […] Read more
Uber, Sun Mobility to Deploy Electric Autos in India Updated On Thu, Jul 25th, 2019 by Saurenergy Global shared-mobility service provider Uber announced a partnership with Bangalore-based Sun Mobility to launch an electric auto service platform. The Ride-hailing giant Uber on Wednesday announced a partnership with SUN Mobility to deploy electric autos in India. As part of the agreement, SUN Mobility will offer its energy infrastructure platform, which includes swappable Li-Ion smart batteries […] Read more
No Slowdown in Solar Power Generation Post Safeguard Duty: RK Singh Updated On Thu, Jul 25th, 2019 by Saurenergy India generated over 81 thousand million units (MU) of solar power in the last three financial years, minister RK Singh informed the Rajya Sabha. India generated over 81 thousand million units (MU) of solar power in the last three financial years (2016-17 to 2018-19), Minister of State for Power and New and Renewable Energy, RK […] Read more
Secretary Shuffle: SC Garg Moves From Finance to Power Updated On Thu, Jul 25th, 2019 by Saurenergy In the first major bureaucratic shuffle of its second term, the government has transferred Finance Secretary SC Garg to the power ministry. In the first major bureaucratic shuffle of its second term, the Narendra Modi government on July 24, 2019, transferred Finance Secretary Subhash Chandra Garg to the power ministry while appointing Atanu Chakraborty as the […] Read more