Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
West Bengal Issues Tender for 11 MW solar Energy Updated On Thu, Jan 3rd, 2019 by Saurenergy The project is for 900 grid connected solar rooftop power projects of 10 KW capacity and 100 units of 20 KW capacity at multiple locations. Increasing West Bengal’s share of solar power, West Bengal Renewable Energy Development Agency has issued a tender for the installation of 11 MW of solar power in the state. The […] Read more
India’s Energy Needs to Triple by 2040: World Bank Updated On Mon, Dec 24th, 2018 by Saurenergy In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Tamil Nadu Best in Providing Clean and Affordable Energy: NITI Aayog Updated On Sat, Dec 22nd, 2018 by Saurenergy Renewable sources constitute 100 percent of total installed generating capacity of electricity in three States and four UTs. Sustainable Development Goal (SDG) India Index which was released by NITI Aayog recently has ranked Tamil Nadu, Karnataka, Andhra Pradesh, Bihar, Maharashtra and Gujarat as the top states for providing affordable and clean energy to their population. […] Read more
Interview with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Updated On Sat, Dec 22nd, 2018 by Saurenergy Novasys Greenergy, a part of Sangita Coal Group, and now a well-diversified entity operating in renewable, non-renewable, telecom, food & real estate sectors. In an exclusive interview with Saur Energy International during the 10th edition of Intersolar India 2018 at Bangalore, Sushil Bansal, Founder & Managing Director, Novasys Greenergy shared his views on various topics […] Read more
Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Promotion of Solar Energy Updated On Thu, Dec 20th, 2018 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has been implementing various schemes in the country, including in Madhya Pradesh, to promote solar energy. The names of the schemes are as under: i. Development of Solar Parks and Ultra Mega Solar Power Projects. Scheme for setting up 1000 MW of Grid-Connected Solar PV Power Projects […] Read more
