Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
Application Engineer – Power Quality Solutions Updated On Fri, Aug 11th, 2023 by Saurenergy As Application Engineer – Hydrogen Segment – Power Quality, will be part of Hitachi Energy business based in the Bengaluru / Faridabad. As the Application Engineer – Power Quality applications, you will be responsible for securing orders for Power Quality/FACTS solutions within the region in line with targets and planned strategy. You will be responsible […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
NTPC REL Wins RUMSL’s 80 MW Floating Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy NTPC Renewable Energy Limited, a subsidiary firm of energy conglomerate NTPC, has emerged successful in bidding for a 80 MW floating solar project at Khandwa, Madhya Pradesh. The tariff at which the firm won the tender floated by RUMSL (Rewa Ultra Mega Solar Limited) is an impressive INR 3.80 kWh. RUMSL is joint venture between […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
PVHardware To Supply Solar Trackers For 805MW L&T Project In Saudi Arabia Updated On Tue, Aug 8th, 2023 by Saurenergy PVH, a leading global manufacturer and supplier of solar trackers, has announced the announce the signing of another major contract with Larsen & Toubro (L&T) for the supply of 805 MW on a solar project in Saudi Arabia at Ar Rass City. The project will be located in Saudi Arabia Qassim province near Ar Rass […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more
Jharkhand Seeks Empanelment of Solar Hot Water System Providers Updated On Mon, Aug 7th, 2023 by Saurenergy Jharkhand Seeks Empanelment of Solar Hot Water System Providers The Jharkhand Renewable Energy Development Agency (JREDA) has sought bids from prospective developers for solar hot water systems. The tender said that the bidders would also have to take care of the maintenance of the systems for the first five years post-commissioning. The tender document sought bids for […] Read more