NTPC Planning to Raise up to Rs 15,000 Crore Via Bonds Updated On Tue, Sep 1st, 2020 by Saurenergy NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. The funds are proposed to […] Read more
After Gurugram, E-bike Startup Yulu Starts Operations in Mumbai Updated On Tue, Sep 1st, 2020 by Saurenergy Yulu as part of its MoU with MMRDA on January 31, 2020, is providing a total of 500 e-bikes at 25 different locations across Mumbai. Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered […] Read more
Schneider Electric Acquires Electrical & Automation Business of L&T Updated On Tue, Sep 1st, 2020 by Saurenergy Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […] Read more
Trina, Longi Report Strong Sales in Apr-June Quarter On Buoyant US, China Demand Updated On Tue, Sep 1st, 2020 by Saurenergy Tier 1 module manufacturers from China, Longi Solar and Trina Solar, seem to have shrugged off the impact of the Covid pandemic very well, with very strong results for the April to June quarter , and Hi, in case of Longi. The firms have reaped the full benefits of their strong domestic as well as […] Read more
IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr Updated On Tue, Sep 1st, 2020 by Saurenergy IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […] Read more
Sungrow Bags 100% Bankability for a Second Year From BNEF Updated On Mon, Aug 31st, 2020 by Saurenergy Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […] Read more
Power Tariffs to Remain Unchanged in Delhi for 2020-21: DERC Updated On Mon, Aug 31st, 2020 by Saurenergy DERC has come up good for millions of consumers in Delhi after it announced that there would be no power tariffs hike in 2020-21 in view of the pandemic. The Delhi Electricity Regulatory Commission (DERC) has come up good for the millions of consumers in the National Capital after it announced that there would be […] Read more
IEX, PXIL Make the Case for Reopening REC Trading Updated On Mon, Aug 31st, 2020 by Saurenergy IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), citing the impact on the entire value chain. Energy exchanges IEX and PXIL have made a case for reopening the trading of renewable energy certificates (REC), saying the market closure is impacting the entire value chain in the electricity […] Read more
Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
