Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27 Updated On Tue, Mar 31st, 2020 by Saurenergy The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Power Ministry Committed for 24×7 Supply to Consumers: RK Singh Updated On Mon, Mar 30th, 2020 by Saurenergy In the wake of lockdown imposed across the country to contain the spread of the coronavirus pandemic, the Power Minister RK Singh has ensured round-the-clock power supply to consumers. The Minister said that “in this time of crisis, the Ministry of Power is committed to providing 24×7 supply of electricity to all consumers.” He further […] Read more
Govt Provides Relief to Discoms amid Covid-19 Crisis Updated On Mon, Mar 30th, 2020 by Saurenergy In a next spell of providing relief measures to the country’s ailing power sector amid lockdown due to coronavirus crisis, Power Minister RK Singh has now provided relief to power distribution companies (Discoms), with an aim to ease out their liquidity problems. The Power Ministry has approved financial relief measures for Discoms citing “due to […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
BYD Launches Blade Battery, set to Redefine EV Safety Standards Updated On Mon, Mar 30th, 2020 by Saurenergy BYD has officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric vehicles (EV). BYD has officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric (EV). At an online launch event themed “The Blade Battery – […] Read more
From 7 Paise Per KwH To Ownership. On SECI’s Future Plans Updated On Sun, Mar 29th, 2020 by Saurenergy Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […] Read more
NTPC, SECI to Set Up 10GW Renewable Energy Parks in Rajasthan Updated On Sat, Mar 28th, 2020 by Saurenergy With an aim to achieve the target of 175 GW of renewable energy by 2022, the government has ramped up its process of tendering of renewable energy projects across the country. In line with this, India’s largest power generation utility NTPC and state-owned Solar Energy Corporation of India (SECI) will soon be signing an agreement with […] Read more
