Singapore’s Temasek to Invest INR 12,000 Cr in Mahindra & Mahindra EV Arm Updated On Fri, Aug 4th, 2023 by Saurenergy Major automobile firm Mahindra and Mahindra Ltd (M and M) has revealed that investment firm Temasek, based out of Singapore, will be investing INR 1,200 crore in Mahindra Electric Automobile Ltd (MEAL), which is the Electric Vehicle (EV) subsidiary of Mahindra & Mahindra. The EV arm manufactures four-wheeled EVs. An agreement towards this has been […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
NTPC Calls Bidders to Develop 110 MW Wind Power Project at Gujarat Updated On Thu, Aug 3rd, 2023 by Saurenergy NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has issued a tender seeking bidders towards the development of a 110 MW ISTS connected wind energy project at Khavda NTPC Renewable Energy Park, Gujarat. The last day to submit bids is September 7, 2023. Bid opens on September 7, 2023. Scope of Work The scope of […] Read more
RECPDCL Issues RFS for Wind Power Developers for 100 MW Wind Power Projects Updated On Thu, Aug 3rd, 2023 by Saurenergy REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power, invites bids for the selection of wind power developer(s) for setting up of 100 MW ISTS-connected wind power project(s) in India via tariff-based competitive bidding (TBCB) process on Build Own Operate (B-O-O) basis unedr […] Read more
USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit Updated On Wed, Aug 2nd, 2023 by Saurenergy The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […] Read more
Five Indian States Take 87% Of PM-KUSUM Benefits Updated On Wed, Aug 2nd, 2023 by Saurenergy Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme. The statistics up to June 30, 2023, claimed that India installed […] Read more
Sikkim, Himachal, Chandigarh Top Performers In RPO Compliances Updated On Tue, Aug 1st, 2023 by Saurenergy A latest data from the Ministry of Power claimed that Sikkim, Himachal Pradesh, Chandigarh and Uttarakhand emerged as the best performing states in terms of their compliances towards Renewable Purchase Obligations (RPOs). The data was shared today by Union Minister of Power RK Singh today before the Lok Sabha. According to the data shared by […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
