The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
Power Demand Dropped 24% in April Due to Lockdown: CRISIL Updated On Thu, May 14th, 2020 by Saurenergy With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […] Read more
Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms Updated On Thu, May 14th, 2020 by Saurenergy The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […] Read more
‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’ Updated On Wed, May 13th, 2020 by Saurenergy India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar Updated On Tue, May 12th, 2020 by Saurenergy In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […] Read more
SECI Discovers Rs 2.90/kWh Tariff in 400 MW Round-The-Clock RE Tender; ReNew Power Emerges as Winner Updated On Fri, May 8th, 2020 by Saurenergy State-owned Solar Energy Corporation of India (SECI) has discovered a tariff of Rs 2.90/kWh in its tender for Round-The-Clock’ (RTC) supply of 400 MW renewable energy (RE) power to NDMC, New Delhi, and Dadra & Nagar Haveli. ReNew Power has emerged as the winner under this tariff-based competitive bidding (RTC-I) and won complete 400 MW of […] Read more
India 5th Largest Energy Earner in the World, 3rd in Renewables Updated On Fri, May 8th, 2020 by Saurenergy According to a new study, India ranks fifth in the world when it comes to the world’s largest earners from energy industries and India 3rd for renewables According to a new study, India ranks fifth in the world when it comes to the world’s largest earners from energy industries. And for the rankings to judge […] Read more
