Ather Energy Announces Investment of Rs 635 Crore Over Next 5 Years Updated On Mon, Feb 15th, 2021 by Saurenergy Electric two-wheeler (E2W) manufacturer, Ather Energy has announced that the company is going to make an investment worth Rs 635 Crores over the next five years to scale up the production in its EV manufacturing facility in Hosur, Tamil Nadu. The company has recently begun operations from its mega-factory in Hosur, Tamil Nadu from 2nd […] Read more
KPTL Announces Q3 FY21 Results, Reports PAT of Rs 308 Crore Updated On Mon, Feb 15th, 2021 by Saurenergy KPTL has reported revenue growth of 11% YoY to Rs 3501 crore in Q3FY21, and a strong PAT growth of 132 percent YoY to reach Rs 308 crore. Kalpataru Power Transmission Limited (KPTL) has issued its financial results for the quarter ended December 31, 2020, reporting revenue growth of 11 percent YoY to Rs 3501 […] Read more
Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter Updated On Mon, Feb 15th, 2021 by Saurenergy Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […] Read more
Gulf Oil Lubricants to Explore EV Charging Options, with Gulf Oil International Updated On Fri, Feb 12th, 2021 by Saurenergy Mumbai based Hinduja Group, lubricant manufacturing, and marketing company, Gulf Oil Lubricants India has announced its partnership with Gulf Oil International to explore and invest in electric vehicle charging opportunities. Gulf Oil Lubricants India Ltd (GOLIL) has signed an agreement with Gulf Oil International (GOI) to participate and co-invest in Gulf Oil International’s recent investment […] Read more
Startup Pure EV all set to Launch its First E-motorcycle ‘ETRYST 350’ Updated On Fri, Feb 12th, 2021 by Saurenergy IIT Hyderabad hatched EV startup, Pure EV is going to launch its first-ever electric motorcycle, ETRYST 350. The all new e-motorcycle is scheduled to hit the roads on Independence Day (Aug 15) at a price that would be “economical in comparison with conventional motorcycles with similar pickup and power”. Around 50 demo vehicles are to […] Read more
NTE Energy to Develop 5 GW of Clean Energy Projects Updated On Fri, Feb 12th, 2021 by Saurenergy Nationwide portfolio to include solar, BESS assets NTE Energy plans to develop more than 5 GW of clean energy projects in the next five years, the company announced today. NTE is currently working with investment partners to advance development of a clean energy project pipeline that includes 1.2 GW of solar and 3.9 GW of […] Read more
EV Startup PiBeam Electric Launches First Utility Electric Two-Wheeler, ‘PiMo’ Updated On Thu, Feb 11th, 2021 by Saurenergy PiBeam Electric, an IIT Madras incubated electric vehicle (EV) startup has yesterday launched its first sustainable, uniquely designed, and affordably-priced electric two-wheeler (E2W) ‘PiMo’. This e-bike can be used for both personal and commercial needs. The company claims that PiMo is India’s first urban utility EV, with a 50 Km Range at a speed of […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
