Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
SECI Awards Only 970 MW of 2 GW Wind Tender, Vena and JSW Winners Updated On Mon, Aug 17th, 2020 by Saurenergy SECI recently concluded the auction for its 2 GW ISTS-connected wind projects tender, awarding 970 MW capacity to Vena Energy (L1) and JSW Energy (L2). The Solar Energy Corporation of India (SECI) recently concluded the auction for its 2 GW ISTS-connected wind projects tender. The nodal agency has awarded only 970 MW capacity to the […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
As BIPV Systems Boom Worldwide, Familiar Challenges in India Updated On Fri, Aug 14th, 2020 by Saurenergy At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Electric Bus Garage in London to Feed the Grid in Largest Ever Trial Updated On Fri, Aug 14th, 2020 by Saurenergy A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial to […] Read more
EV Chargers Mandatory for all Future Building Premises in Noida Updated On Fri, Aug 14th, 2020 by Saurenergy The UP Government has made it mandatory for all future big housing and commercial projects in Noida and Greater Noida to have EV chargers on their premises. In a bid to promote the adoption and usage of electric vehicles (EV) in the state, the Uttar Pradesh Government has made it mandatory for all future big […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
NMAMIT Team Transforms ICE Vehicle to Electric Vehicle Updated On Thu, Aug 13th, 2020 by Saurenergy A team from the Department of Electrical & Electronics Engineering at the NMAMIT has transformed an ICE vehicle into an energy efficient Electric Vehicle. A team of students and teachers of the Department of Electrical & Electronics Engineering at the NMAM Institute of Technology (NMAMIT) in Karnataka have transformed a petrol-based internal combustion engine (ICE) […] Read more
