Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
CERC Issues Draft Amendments for ISTS Connectivity of RE Projects Updated On Mon, Aug 10th, 2020 by Saurenergy CERC has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on RE sources to the ISTS. The Central Electricity Regulatory Commission (CERC) has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on renewable energy (RE) sources to inter-State transmission […] Read more
India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari Updated On Fri, Aug 7th, 2020 by Saurenergy Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […] Read more
We Need to Renew our Pledge to Renewables: Niti Aayog VC Updated On Thu, Aug 6th, 2020 by Saurenergy India needs to renew its pledge to renewables as thermal cannot take the country far due to environmental constraints, Niti Aayog VC Rajiv Kumar has said. India needs to renew its pledge to renewables as thermal energy cannot take the country far due to environmental constraints, Niti Aayog Vice Chairman Rajiv Kumar said. Delivering the keynote address on ‘Solar Energy: The […] Read more
KEC Secures Orders Worth Rs 1192 Cr in Transmission, Cables and More Updated On Tue, Aug 4th, 2020 by Saurenergy KEC International has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution. Maharashtra headquartered infrastructure Engineering, Procurement and Construction (EPC) company KEC International Ltd has announced it has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution (T&D), urban infrastructure, civil construction and cables. The firm has secured orders of Rs […] Read more
ISA Amends Framework Agreement Allowing UN Member States to Join Updated On Tue, Aug 4th, 2020 by Saurenergy UN member states will now be able to join the ISA after the Ministry of External Affairs (MEA) announced amendments to the framework agreement. Uniter Nations (UN) member states will now be able to join the International Solar Alliance (ISA) after the Ministry of External Affairs (MEA) announced amendments to the ISA’s framework agreement. For […] Read more
Australia’s Massive ASEAN Power Link Project Gets Major Status Updated On Fri, Jul 31st, 2020 by Saurenergy Australia has accorded ‘major status’ to its ambitious Australia -ASEAN power link (AAPL) project. The new designation recognises the strategic importance of the project for Australia, and should help with faster approvals and priority handling by various government agencies involved. The project was formally granted the status on July 20. The Sun Cable project – […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more