Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF Updated On Mon, Nov 12th, 2018 by Saurenergy EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […] Read more
Net Metering Policy Updated On Mon, Nov 12th, 2018 by Saurenergy A light to shine your Today’s with power and tomorrow’s with brightening bank balances. “Bank your Electricity, Bank your Money Adopt Roof Top Net Metering” Information Guide: FOR INSTALLATION OF ROOF TOP SOLAR PV POWER PLANTS UNDER NET METERING POLICY IN PUNJAB WHAT IS NET METERING ? Net metering is the process through which you […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Viz-A-Viz with Shravan Sampath, Founder, Oakridge Energy Solutions Updated On Mon, Oct 22nd, 2018 by Saurenergy Q. As an EPC how do you see the growth journey of solar in past few years? Government of India has set an ambitious target of 40,000 MW of rooftop solar capacity to be achieved by 2022. While this is ambitious, it is not impossible to achieve either. The recent fall in the drop of […] Read more
California Commits $800Mn for Clean-Energy Technologies, Storage Updated On Wed, Oct 3rd, 2018 by Saurenergy The measure has been signed aiming to capture, for California, electricity generated by solar panels during daylight hours to help keep the lights on after the sun goes down. Embracing measures to increase reliability on renewable energy, California State Governor, Jerry Brown has signed committing USD 800 million for clean energy technologies and home energy […] Read more
Tata Power launches its VoiceBOT TINA Updated On Wed, Sep 19th, 2018 by Saurenergy Becomes India’s first power utility company to offer VoiceBOT service to its customers Tata Power, India’s largest integrated power utility, today launched its VoiceBOT TINA, thus becoming the first utility in India to offer such a service to its customers. TINA, now powered by Google Assistant will allow the Company to address all the customer queries using […] Read more
Indian Smart Cities Shining Brighter with Sun Updated On Wed, Sep 12th, 2018 by Saurenergy A great scientist, thinker, writer and Former President of India, Dr. A.P.J. Abdul Kalam, dreamed of seeing India as a ‘Developed Country’ by 2022 when it celebrates its 75th Independence Day. The roadmap of ‘Smart Cities’ is a part of the ‘India Vision 2020’ which initially designed by the Government of India’s Technology Think Tank […] Read more
