Ajoy Choudhury Appointed as REC’s New Director Finance Updated On Mon, Jun 1st, 2020 by Saurenergy State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […] Read more
NTPC Provides Learning Opportunities for 19k Staff, Family during Lockdown Updated On Mon, Jun 1st, 2020 by Saurenergy With an aim to further enriching employee skills, country’s largest energy conglomerate NTPC on Monday said that it has offered learning opportunities to its more than 19,000 employees and their family members amidst the lockdown period. According to state-owned power giant, NTPC Learning and Development (L&D) strategy has been customised for enriching employees via intensive […] Read more
Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant Updated On Mon, Jun 1st, 2020 by Saurenergy Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW […] Read more
Need for State Govts to Conjointly Responsible for Financial Health of their Discoms: RK Singh Updated On Mon, Jun 1st, 2020 by Saurenergy The Union Minister for Power, R. K. Singh said that there is a need for the state governments to be also conjointly responsible for the financial health of their fully owned power distribution companies (Discoms). Singh said during a meeting with the Finance Commission headed by N.K. Singh on issues relating to the reforms of […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
Interview with Krishan Sharma, Vice President – Asia, ReneSola Updated On Sat, May 30th, 2020 by Saurenergy For Krishan Kumar Sharma, a 12 year journey in the solar sector has taken him to Renesola, a leading module manufacturer, where he is the Vice President, South Asia. With his wide exposure to the solar markets in Asia, and through Renesola, the world, we caught up with him to get a view on the […] Read more
EESL JV ‘EPAL’ Becomes Fastest Growing Indian Owned Firm in the UK Updated On Fri, May 29th, 2020 by Saurenergy EESL JV ‘EPAL’ has emerged as the fastest-growing Indian company in the UK in the “India meets Britain Tracker 2020”, developed by CII and Grant Thornton. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India has set a remarkable global precedent […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
VW to Invest €2.1 Bn to Expand EV Business in China, Acquires Majority Stake in 2 Firms Updated On Fri, May 29th, 2020 by Saurenergy Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. The firm has revealed that it plans to increase its share […] Read more