MoP Ensuring 24×7 Power Supply to Oxygen Plants in Country Updated On Wed, May 12th, 2021 by Saurenergy The second wave of the Covid-19 pandemic has entered a critical phase , with 37,04,099 active cases, but hopes of the graph moving down finally. There has been a surge in oxygen demand as cases have piled up. Now to ensure the 24×7 continuous power supply to the oxygen plants by the state utilities in […] Read more
KPTL’s Financial Results Q4 2020-21 Out; INR 187 Cr Consolidated Profit Updated On Wed, May 12th, 2021 by Saurenergy Leading global infrastructure EPC company Kalpataru Power Transmission Ltd (KPTL) yesterday released its financial results for the fourth quarter ended March 31, 2021, reporting multifold jump in consolidated net profit at Rs 187 crore due to higher revenues. While the total income in the quarter was Rs 4,104 crore as opposed to Rs 3,540 crore […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India Updated On Wed, May 12th, 2021 by Saurenergy The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […] Read more
ACC & Ambuja Cements Pushing Decarbonization to Reach Net-Zero Emissions Updated On Tue, May 11th, 2021 by Saurenergy ACC and Ambuja Cements have announced that they are pushing up their decarbonization agenda to reach their net-zero emissions target. Having an aim to generate clean and green energy both companies are in line with LafargeHolcim’s Net Zero Pledge and its ambition to reduce emissions from electricity. The decarbonization agenda will be delivered through several […] Read more
EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily” Updated On Tue, May 11th, 2021 by Saurenergy German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more
MNRE’s New Scheme Guidelines for 12,000 MW CPSU Phase-II Project Updated On Tue, May 11th, 2021 by Saurenergy The ministry of new and renewable energy (MNRE) has released the newly amended scheme guidelines for implementation of Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme) for setting up 12,000 MW grid-connected Solar PV power projects by the Government Producers. These 12,000 MW projects will be produced by the government producers with Viability […] Read more
