Sterlite Announces Fin Closure For Beawar Project From REC Updated On Mon, Feb 12th, 2024 by Saurenergy In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […] Read more
IREDA and IIT Bhubaneswar Collaborate To Support RE Research In Startup Updated On Mon, Feb 12th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) an Indian public sector enterprise that provides financial assistance and other services to projects related to renewable energy, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Bhubaneswar. The MoU, inked today at the 100 Cube Start-up Conclave held at IIT Bhubaneswar, aims […] Read more
Hartek Power To Develop 75MW Solar Plant In Bihar’s Jamui Updated On Mon, Feb 12th, 2024 by Saurenergy Engineering, procurement, and construction company, Hartek Power Private Limited, the Power Systems and T&D Business unit of Hartek Group, has won an order from SJVN Green Energy Limited pertaining to the development, implementation, and maintenance of a 75 MW (AC) grid-connected solar PV power plant, along with a 132 kV Sub-Station, in Jamui, Bihar. According […] Read more
JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand Updated On Mon, Feb 12th, 2024 by Saurenergy Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […] Read more
UK’s Dogger Bank Offshore Wind Project To Be Delayed Until 2025 Updated On Mon, Feb 12th, 2024 by Saurenergy United Kingdom-based renewable energy company SSE Renewables has announced that a shortage of vessels, challenging weather conditions, and supply chain issues will lead to delays in the operation of the first phase of the Dogger Bank offshore wind project – Dogger Bank A. According to the company, the project will not begin functioning until 2025. […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
ALMM Is Back, With Key Exemptions Updated On Sat, Feb 10th, 2024 by Saurenergy The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […] Read more
Inox Wind Q3 Results-Firm Turns PAT Positive Updated On Fri, Feb 9th, 2024 by Saurenergy Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, today announced its financial results for the third quarter of Fiscal Year 2024 (FY24). Continuing its turnaround journey, Inox Wind turned PAT positive in Q3 FY24, reflecting the successful implementation and outcome of its recent strategic measures as well as operational improvements. Notably, […] Read more
More Than 2.95 Lakh Off-Grid Solar Water Pumps Installed Under PM-KUSUM, Parliament Told Updated On Fri, Feb 9th, 2024 by Saurenergy Centre today apprised the Parliament that over 2.95 lakh standalone off-grid solar water pumps have been successfully installed as part of the PM-KUSUM scheme. Union Minister for New & Renewable Energy and Power, RK Singh, in a written reply to a question in the Lok Sabha said that 2.95 lakh water pumps functioning on a […] Read more
