Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
Project Controller – Power Transformers Updated On Thu, Jul 20th, 2023 by Saurenergy Main Accountabilities:- 1. Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process. 2. Business planning and forecasting Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the […] Read more
SJVN Signs PPAs For RE Projects Worth 300 MW With MSEDCL, SECI Updated On Thu, Jul 20th, 2023 by Saurenergy SJVN has entered into Power Purchase Agreements (PPA) for a cumulative capacity of 300 MW renewable energy projects. The PPAs have been signed by SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the firm. The projects have been won through competitive bidding. The PPAs have been signed for 200 MW solar power project […] Read more
NTPC Issues Tender for 1500 MW Of Solar-Wind Hybrid ISTS Projects Updated On Thu, Jul 20th, 2023 by Saurenergy The National Thermal Power Corporation (NTPC) Limited has issued a tender seeking prospective renewable energy developers. As per the mandate of the tender document, the Indian power behemoth has sought bids from players who could develop solar-wind hybrid projects anywhere in the country. The document said that the renewable energy company needed to develop this […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
NHPC Floats Tender for 200 MW Solar Power Project in 600 GSECL Solar Park Updated On Thu, Jul 20th, 2023 by Saurenergy National Hydroelectric Power Corporation Limited (NHPC) has floated a tender for the establishment of 200 MW solar power project in 600 GSECL (Gujarat State Electricity Corporation Ltd) Solar Park at Khavda, Gujarat. This is for stage-1 of the solar park. The tender comes with e-reverse auction. The bid validity is 120 days from the last […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
UK’s First Renewable Energy Powered Electric Airline Ecojet to be Commissioned in 2024 Updated On Wed, Jul 19th, 2023 by Saurenergy Earlier this week, British entrepreneur Dale Vince announced plans to launch an electric airline that will be powered using renewable energy, potentially marking the dawn of a new era in air travel. The formation of Ecojet represents the latest attempt to reduce the environmental footprint of aviation. Flights in the UK will begin in 2024. […] Read more
RERC Allows RDSS Facility To Rajasthan Discom’s Franchisee In Ajmer Updated On Wed, Jul 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, ordered the rollout of the Revamped Distribution Sector Scheme (RDSS) for TP Ajmer Distribution Limited (TPADL) in Ajmer city. This comes after TPADL, a distribution franchisee of the Ajmer Vidyut Vitran Nigam Limited (AVVNL), moved the RERC seeking benefits of the scheme to the company. TPADL […] Read more
