FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC Updated On Wed, Jun 19th, 2019 by Saurenergy MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […] Read more
Hindustan Platinum acquires ABB’s Puerto Rico Manufacturing Plant Updated On Mon, Jun 17th, 2019 by Saurenergy Hindustan Platinum has announced the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico. Embarking the journey of a new era, Hindustan Platinum, a leading refiner and manufacturer of precious metal products and services announces the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico, hence strengthening its international […] Read more
Vattenfall Issues its First Green Bond Worth EUR 500 Mn Updated On Sat, Jun 15th, 2019 by Saurenergy In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more
ISA Invites Stakeholders for Consultation Meeting on Free Training Prog for Technicians Updated On Fri, Jun 7th, 2019 by Saurenergy The motive behind the program is to provide training & placement to technicians in the field of solar energy to support the ISA programs such as – scaling solar applications for agriculture use; scaling solar mini grids; scaling rooftop solar. India-led International Solar Alliance (ISA) is mulling to develop a free training & placement project […] Read more
IIT-Delhi In Search of Foreign Scientists for EV Research Centre CART Updated On Mon, Jun 3rd, 2019 by Saurenergy IIT-Delhi is on the lookout for international experts in the field of electric vehicles to boost its Centre for Automotive Research and Tribology (CART). V Ramgopal Rao, IIT-Delhi director, said they are eyeing to recruit professionals from countries like the US in the newly-formed department along with industry experts. According to him, a team will […] Read more