PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
CERC Proposes Amendments to Procedure for Grant of ISTS Connectivity for Renewable Projects Updated On Mon, Jul 27th, 2020 by Saurenergy Proposal Has been made Keeping in View the 7th Amendment The Central Electricity Regulatory Commission (CERC) has proposed amendments to the “Detailed Procedure for “Grant of Connectivity to projects based on renewable sources to interstate transmission system (ISTS)”. The draft amendments are open to suggestions and comments from stakeholders and other interested parties up to […] Read more
RK Singh Launches First-of-its-Kind EV Charging Plaza in Delhi Updated On Tue, Jul 21st, 2020 by Saurenergy With a focus on enhancing energy efficiency and promoting e-mobility, RK Singh has inaugurated India’s first public EV charging plaza in New Delhi. With a focus on enhancing energy efficiency and promoting e-mobility, Union Minister for Power, New & Renewable Energy, RK Singh on July 20, 2020, inaugurated India’s first public EV (Electric Vehicle) charging […] Read more
Hitachi ABB Win Rs 120 Crore Order For Railways Electrification Updated On Fri, Jul 10th, 2020 by Saurenergy In an order worth Rs 120 crore, Hitachi ABB Power Grids India will deliver its transformers to CLW for the production of 400 electric locomotive engines In an order worth Rs 120 crore, Hitachi ABB Power Grids India will be delivering its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), […] Read more
Reliance and bp Form Partnership for new Indian Fuels and Mobility Updated On Fri, Jul 10th, 2020 by Saurenergy bp and Reliance Industries Limited have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). bp and Reliance Industries Limited (RIL) have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, the two teams […] Read more
Okaya Bags EV Charger Deal From PGCIL in Meghalaya Updated On Mon, Jul 6th, 2020 by Saurenergy Okaya has bagged a contract from PGCIL for over 55 Multi-Standard EV charger (100 kW) and 15 kW DC fast chargers in Shillong, Meghalaya. Okaya, a flagship company of Okaya Power Group has announced that it has bagged a major contract from Power Grid Corporation of India Limited (PGCIL), a Maharatna PSU of Government of […] Read more
RWE Closes Deal With E.ON, Takes Over Operations at innogy Updated On Fri, Jul 3rd, 2020 by Saurenergy The final step in one of the largest transactions in German industrial history has been completed with RWE taking over the innogy activities from E.ON The final step in one of the largest transactions in German industrial history has been completed with the major asset swap between RWE and E.ON, with which RWE took over […] Read more
Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
Vestas, Rabobank, Windpark Ink Pact for Netherland’s Largest Onshore Wind Park Updated On Sat, Jun 27th, 2020 by Saurenergy Danish wind turbine major Vestas has entered into a partnership with Rabobank and Windpark Zeewolde B.V. to build Netherland’s largest onshore wind project. Also, the three companies have closed the contracts for wind turbines and financing for the Windpark Zeewolde project in the Netherlands. The Windpark Zeewolde wind project is a unique collaboration of over […] Read more
