ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
India Short Circuits Power Sector Imports, As China Shadow Looms Updated On Tue, Jun 23rd, 2020 by Saurenergy With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […] Read more
ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
UK Confirmed as 1st Co-Chair in India-Led Climate Change Initiative Updated On Mon, Mar 23rd, 2020 by Saurenergy The UK has been confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The UK on March 23, 2020, was confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The coalition was established by Prime Minister Narendra Modi and is a […] Read more
Tata Power Expands Rooftop Solar Service to 90 Cities Across India Updated On Thu, Mar 19th, 2020 by Saurenergy Tata Power is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 cities Preparing for a #futureready India, Tata Power, the country’s largest integrated utility is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 […] Read more
Huge Positive Impact of Solar Home Systems on Livelihoods in India: GOGLA Updated On Fri, Feb 14th, 2020 by Saurenergy A new report by GOGLA, the association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems on livelihoods in India A new report issued by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of Solar Home Systems (SHS) on livelihoods […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
EDF Renewables and SITAC Commission 105 MW Wind Plant in India Updated On Thu, Jan 30th, 2020 by Saurenergy EDF Renewables and its India operations partner the SITAC Group have announced the commissioning of the 105 MW Verdant wind project in India. EDF Renewables and its partner for wind power generation in India, the SITAC Group, have announced the commissioning of the Verdant project, a new wind farm of 105 MW installed capacity in […] Read more