Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra Updated On Thu, May 3rd, 2018 by Saurenergy “The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […] Read more
India-Japan to Work Together for Energy Security, Energy Access and Climate Change Issues Updated On Wed, May 2nd, 2018 by Saurenergy During the meeting, both the countries agreed to initiate the discussion towards development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/ zero emission vehicles”. India and Japan have agreed on further strengthening of bilateral energy cooperation for energy development of both countries, and also contributing to worldwide energy security, energy access […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
Imagining Application of Water to Store Renewable Power is a Step-Away! Updated On Tue, May 1st, 2018 by Saurenergy This revolutionary yet cheap technology can store Solar and Wind energy subsequently and then easily can be fed to the grid and later redistributed when the demand is high. Imagining water to store electricity can surely make your drink one more glass right-away as scientist have discovered a battery that is known to operate through […] Read more
Govt Floats Massive 20,000MW Solar Power Capacity Updated On Tue, May 1st, 2018 by Saurenergy The new projects are likely to ramp up renewable energy production in the country from around 70 GW to around 225 GW in next four years. The NDA government ramping up to oust 100GW target after it is lately known to have shared proposals to issue tenders for 20 GW solar power capacities. The mammoth capacity […] Read more
MSEDCL to Feed Power Demand of 2,000MW Through New Solar Plants Updated On Sat, Apr 28th, 2018 by Saurenergy Currently, MSEDCL buys 850 MW against the peak demand of about 20,000 MW and with the addition of new power to the state grid, MSEDCL will meet more than 10% requirement from solar. Marking a new milestone in the green energy corridors, Maharashtra State Electricity Distribution Company Limited (MSEDCL) is known to have decided to buy […] Read more
Diu Becomes India’s 1st Smart City to Run on 100% Renewable Energy during Daytime Updated On Tue, Apr 24th, 2018 by Saurenergy The Ministry of Housing & Urban Affairs said in a statement that until last year, Diu had been importing 73 percent of its power from Gujarat state. Diu Smart City has become the country’s first city to run completely on renewable energy during daytime setting a new benchmark for other cities to become clean and green. […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
