Himachal Pradesh Aiming for 100% EV Transition by 2030 Updated On Thu, Sep 19th, 2019 by Saurenergy Himachal Pradesh is aiming to achieve 100 percent transition to EV by 2030 in alignment with the United Nation’s sustainable development goals Himachal Pradesh is aiming to achieve 100 percent transition to electric vehicles (EV) by 2030 in alignment with the United Nation’s sustainable development goals, according to sources close to the government. A meeting to frame the draft for the […] Read more
Azure Power Planning to Issue a USD 350 Million Green Bond Updated On Thu, Sep 19th, 2019 by Saurenergy Azure Power will issue a USD 350 million green bond offering, to use the proceeds to refinance existing indebtedness. Azure Power Solar Energy, a wholly-owned subsidiary of Azure Power Global, a leading independent solar power producer in India, will issue a USD 350,101,000 green bond offering, maturing in 2024 with an expected US Dollar coupon […] Read more
PGCIL Wins Inter-State Transmission Project in Rajasthan Updated On Fri, Sep 13th, 2019 by Saurenergy PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
Calcium Instead of Lithium Can Make Better RE Batteries Updated On Thu, Sep 12th, 2019 by Saurenergy A newly synthesized yet cheap chemical could be the answer to manufacture low cost and high power calcium batteries. The advent of renewable energy with its innate unpredictable nature has brought a global need for effective energy storage. This need has so far fuelled the demand for Lithium which can easily be stored, transported to the […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
RE Producers can Move NCLT Against Discoms Over Dues: RK Singh Updated On Wed, Sep 11th, 2019 by Saurenergy Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […] Read more
Payment Dues to Renewable Firms Now at Rs 9735.6 Crore Updated On Mon, Sep 9th, 2019 by Saurenergy The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […] Read more
Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years Updated On Mon, Sep 9th, 2019 by Saurenergy Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […] Read more
