Safeguard Duty: Manufacturers Back Govt Move; Raise Concerns on Clarity Updated On Wed, Aug 1st, 2018 by Saurenergy If SEZ units are not exempted from SGD, it will lead to further job losses and harm the manufacturing ecosystem in India, which is already bleeding: Gyanesh Chaudhary Despite solar manufacturers’ welcomed the government’s move on safeguard duty imposition on solar imports from China and Malaysia, they have raised their concerns as well and want […] Read more
All-Women Staff takes Charge at Tata Power’s CRC in Mumbai Updated On Tue, Jul 31st, 2018 by Saurenergy An all-women CRC is the company’s first major move to address its women customers better. In a boost to gender equality, Tata Power inaugurates India’s first ‘All-women’ staff Customer Relations Centre (CRC) for its power utility customers. This CRC in Andheri (West), Mumbai will be entirely managed by a team of seven women who are trained […] Read more
Tesla May Build New Factory in Europe Updated On Tue, Jul 31st, 2018 by Saurenergy The plan to build factory in Europe followed Tesla’s June revelation to construct a factory in Shanghai which would add to its production capacity. Major electric vehicle maker, Tesla is thinking to build a major factory in Europe following talks with officials of Germany and Netherlands. The new factory in Netherlands, if successfully built, is […] Read more
Kochi Airport Bags Highest UN Environment Honour Updated On Fri, Jul 27th, 2018 by Saurenergy CIAL was chosen for ‘action and inspiration’ category which recognizes individuals or organizations taking bold environmental steps and inspiring others to follow their green footsteps. Cochin International Airport (CIAL) has been selected for the highest environmental honour ‘Champion of Earth Prize -2018’ instituted by the United Nations. CIAL was chosen for ‘action and inspiration’ category […] Read more
Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] Read more
Sungrow launches State-Of-The-Art Factory at India Base Updated On Fri, Jul 27th, 2018 by Saurenergy Sungrow India has installed more than 2 GW of renewable capacities. The launch of the factory is aimed at improving company’s global delivery and enhancing service to the customers worldwide. India’s leading inverter company, Sungrow launches a state-of-the-art facility for manufacturing of central and string inverters, fulfilling Indian as well as international demands. With […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
NIWE Installs LiDAR for Offshore Wind Resource Assessment at Gulf of Khambat Updated On Fri, Jul 20th, 2018 by Saurenergy In order to be competitive, developers are encouraged to deploy most advanced technologies. The National Institute of Wind Energy (NIWE), an autonomous institution under the Ministry, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast. The Power and New & Renewable Energy Minister, […] Read more
