Inox Wind Net Loss Widens to Rs 192.17 Cr in Q4 Updated On Sat, Jun 27th, 2020 by Saurenergy Inox Wind, a leading wind energy solutions provider in India, has reported its consolidated net loss widened to Rs 192.17 crore during the fourth quarter ended March 31, 2020, on the back of higher expenses. The consolidated net loss of the company stood at Rs 53.56 crore during the same period a year ago, the […] Read more
NTPC PAT Drops 70% to Rs 1,524 Cr in Q4 on Higher Tax Provisioning Updated On Sat, Jun 27th, 2020 by Saurenergy State-run power giant NTPC has reported a drop of more than 70 per cent in its consolidated net profit after tax (PAT) at Rs 1,523.77 crore during the January-March quarter mainly on account of higher tax provision under the ‘Vivad Se Vishwas’ scheme. The consolidated PAT of the company stood at Rs 5,161.39 crore during the corresponding […] Read more
Vestas, Rabobank, Windpark Ink Pact for Netherland’s Largest Onshore Wind Park Updated On Sat, Jun 27th, 2020 by Saurenergy Danish wind turbine major Vestas has entered into a partnership with Rabobank and Windpark Zeewolde B.V. to build Netherland’s largest onshore wind project. Also, the three companies have closed the contracts for wind turbines and financing for the Windpark Zeewolde project in the Netherlands. The Windpark Zeewolde wind project is a unique collaboration of over […] Read more
IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh Updated On Fri, Jun 26th, 2020 by Saurenergy Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […] Read more
Sterlite Power Buys SPV from PFC to Execute Large ISTS Project Updated On Fri, Jun 26th, 2020 by Saurenergy Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […] Read more
Vestas Bags 48 MW Wind Turbine Order in Vietnam Updated On Fri, Jun 26th, 2020 by Saurenergy Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This […] Read more
Enphase and Q CELLS Announce AC Module Partnership Updated On Fri, Jun 26th, 2020 by Saurenergy Enphase Energy and Q CELLS have announced a strategic partnership to develop AC Modules (ACMs) based on seventh-generation Enphase IQ microinverters Enphase Energy, a global energy technology company and a leading supplier of solar microinverters, and Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and […] Read more
EESL Tenders for Supply of 250 Electric Vehicles Under ADB Financing Updated On Fri, Jun 26th, 2020 by Saurenergy The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The vehicles will be procured in two categories the first lot […] Read more
Inadequate Policy Support for RE Startups and SMEs in India: WWF India Updated On Fri, Jun 26th, 2020 by Saurenergy There are only a handful of policies that help accelerate the growth of RE startups and SMEs to meet India’s clean energy demands, finds a new report. While India’s move towards clean energy transition has led to the emergence of various startups and Small and Medium Enterprises (SMEs), there are only a handful of policies that help […] Read more