BERC Issues Draft Regulations to Determine RE Tariffs Updated On Mon, Aug 24th, 2020 by Saurenergy Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
Centre has Assured it Will Provide Subsidy for 1000 E-Buses in Delhi: Gahlot Updated On Fri, Aug 21st, 2020 by Saurenergy Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 e-buses in the city. Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 electric buses (e-buses) in the city. Gehlot confirmed the news after his meeting […] Read more
HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
HERC Proposes Reverse Auction for Transmission Projects Updated On Fri, Aug 21st, 2020 by Saurenergy HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […] Read more
40% of All new Launches in China in Next 5 Years to be Electric: GM Updated On Thu, Aug 20th, 2020 by Saurenergy General Motors (GM) has highlighted that in electrification, more than 40 percent of its new launches in China in the next 5 years will be electric models. General Motors (GM) has recently announced its technology rollout plan for electrification, intelligent driving and connectivity in China, with an immersive display at the PATAC Design Dome in […] Read more
Hero Electric Partners up to Offer Leasing Options for Electric Scooters Updated On Thu, Aug 20th, 2020 by Saurenergy Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, India’s first vehicle leasing startup to provide consumers with affordable and flexible financing options to […] Read more
Yulu Partners With Vatika Group, Brings E-mobility Solutions to Gurugram Updated On Thu, Aug 20th, 2020 by Saurenergy Yulu has announced a partnership with the Vatika Group to provide its e-mobility solutions within Vatika’s residential and integrated townships in Gurugram. Yulu, one of India’s leading e-mobility service providers has announced a partnership with the Vatika Group – a Gurugram-based leading real estate developer. Under the new partnership, Yulu services will be available within […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
