Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS Updated On Mon, May 20th, 2019 by Saurenergy The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […] Read more
Solar Powered Cochin Airport Commissions Second Substation Updated On Thu, May 16th, 2019 by Saurenergy Further enhancing its solar-power banking facilities, the Cochin International Airport Limited (CIAL) has commissioned its second substation. A parallel 110 kV electrical substation for exporting the power generated by its eight solar plants to the Kerala State Electricity Board’s grid was inaugurated by CIAL managing director V J Kurian. CIAL, which is the world’s first airport to […] Read more
Indore Airport Seeks Solar Power To Cut CO2 Emission Updated On Fri, May 10th, 2019 by Saurenergy Official said they have already implemented most of the necessary measures like installation of energy saving LED lights and a solar power plant for energy efficiency Indore airport, also known as Devi Ahilyabai Holkar Airport, may soon be recognized for its significant progress in managing carbon emissions by a global airport body. Airport authorities plan […] Read more
Trichy Airport Commissions 1 MW Solar Plant to Meet 25% Demand Updated On Sat, Apr 27th, 2019 by Saurenergy The Tiruchirapalli (Trichy) International Airport in Tamil Nadu recently commissioned a new 1 MW solar PV power plant on campus. Airports Authority of India (AAI) member Anuj Agarwal inaugurated the planet on the airport premises. The project was executed under the National Solar Mission. The ground-mounted solar power plant was developed under a capex model and […] Read more
Interview with Sanjeev Sinha, President – IT & Digital Transformation, India Power Corporation Ltd Updated On Thu, Apr 25th, 2019 by Saurenergy For the Discom, smart grid can give out right information at the right time so that it can react and manage the grid accordingly. It would give a better control on the grid to manage load and even know beforehand on the impending load based on past data. This will allow Discom to draw appropriate […] Read more
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more
Maharashtra Order 5 Entities to Comply with the State’s RPO Updated On Thu, Apr 4th, 2019 by Saurenergy MERC has ordered five entities which include Indian Railways, Tata Power and BEST to comply with its Solar and Non-Solar RPO for the present and previous financial years. The Maharashtra Electricity Regulatory Commission (MERC) has formally asked five entities operating in the state to comply with its solar and non-solar renewable purchase obligation (RPO) for […] Read more
SolarMaxx Brings a Solar Carport at Mahaveer Cancer Hospital Updated On Mon, Apr 1st, 2019 by Saurenergy Solar Installations over your car parking areas, or carports as they are known, offer a convenient and effective option for institutions to start their solar journey. Here, we have the case of a healthcare institution traveling down that path. SolarMaxx, a leading PV module manufacturer in the country, has installed a solar carport at Mahaveer […] Read more