CleanMax Receives Financing From GCPF for Southeast Asia Expansion Updated On Wed, Jul 8th, 2020 by Saurenergy GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
Adani Transmission Acquires Alipurduar Transmission From Kalpataru Updated On Tue, Jul 7th, 2020 by Saurenergy Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […] Read more
Sterlite Power Concludes Refinancing of GPTL Project With HDFC Bank Updated On Tue, Jul 7th, 2020 by Saurenergy Sterlite Power has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project with HDFC Bank. Leading global power transmission player – Sterlite Power has announced that it has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project, within 3 months of the project […] Read more
Vestas Wins Wind Turbine Orders Worth 429 MW in North America Updated On Mon, Jul 6th, 2020 by Saurenergy Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […] Read more
Ørsted Completes Work on 230 MW Plum Creek Wind Project Updated On Fri, Jul 3rd, 2020 by Saurenergy Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines. Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines and represents Ørsted’s first operational […] Read more
AEP to Proceed With Wind Projects Investments, Despite Texas Com’n Decision Updated On Fri, Jul 3rd, 2020 by Saurenergy American Electric Power (AEP) has announced that while the Public Utility Commission of Texas has denied the approval of Southwestern Electric Power Co.’s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, AEP has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central […] Read more
AIPEF Requests all CMs to Reject the Electricity Amendment Bill Updated On Fri, Jul 3rd, 2020 by Saurenergy AIPEF has urged all CMs to reject the Electricity Amendment Bill saying that the new amendments will weaken the authority of states in the power sector. The All India Power Engineers Federation (AIPEF) has urged all chief ministers (CMs) to reject the proposed Electricity Amendment Bill 2020 saying that the draft amendments in the new bill will weaken the authority […] Read more