Ravinder Singh Dhillon Assumes Charge as Chairman & MD, PFC Updated On Mon, Jun 1st, 2020 by Saurenergy State-run Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director (CMD) on the board of PFC effective from June 1, 2020. R.S. Dhillon has been appointed following the superannuation of Rajiv Sharma as Chairman and Managing Director on the PFC’s Board with effect from May 31, […] Read more
Ajoy Choudhury Appointed as REC’s New Director Finance Updated On Mon, Jun 1st, 2020 by Saurenergy State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […] Read more
WB Industrial Consumers Took Legal Action against Power Utilities on Fixed Charges Updated On Mon, Jun 1st, 2020 by Saurenergy Industrial consumers in West Bengal (WB) has dragged power utilities in the state to court after their plea for relief on fixed charges among other demands in the lockdown was rejected. Moreover, nodal agency West Bengal Electricity Regulatory Commission (WBERC) had also paid no heed to their demands, when they approached the regulator, the high-tension […] Read more
Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
NHPC to Build 155 MW Hydro and 50 MW Solar Projects in Ladakh Updated On Mon, Jun 1st, 2020 by Saurenergy NHPC is planning to develop three hydropower plants worth 155 MW and a solar power project worth 50 MW in the Union Territory of Ladakh. State-owned hydro power giant NHPC has announced that it is planning to develop hydropower plants and a solar project in the Union Territory of Ladakh. And with the view to […] Read more
Excelsior, Unico Form Partnership to B-O-O 250 MW of Solar Projects Updated On Fri, May 29th, 2020 by Saurenergy Excelsior Energy Capital and Unico Solar Investors have closed on a long-term partnership to build, own and operate a 250 MW pipeline of C&I solar projects Excelsior Energy Capital, a leading independent North American renewable energy investor, and Unico Solar Investors, a solar energy systems developer and investor, have announced the closing of a long-term programmatic joint-venture […] Read more
EU Commits to Clean Energy in COVID-19 Recovery Strategy Updated On Fri, May 29th, 2020 by Saurenergy The EU has pledged to stay away from fossil-fueled projects in its COVID-19 recovery strategy, but environmental groups said they were unimpressed. The European Commission (for the EU) has pledged to stay away from fossil-fueled projects in its coronavirus (COVID-19) recovery strategy and to stick to its target of making Europe the first climate-neutral continent […] Read more
Tata Power to Expand EV Charger Network to 700 by FY21 Updated On Thu, May 28th, 2020 by Saurenergy In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country’s largest integrated utility company said in a statement that “as part of […] Read more
