Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
Over 12 GW of Wind Power Projects Awarded so far: RK Singh Updated On Wed, Dec 4th, 2019 by Saurenergy RK Singh has said that so far, bids for 15,100 MW of wind projects have been issued in India, out of which 12,162.50 MW capacity has already been awarded. Union Minister of State (IC) New & Renewable Energy, Power and Skill Development and Entrepreneurship RK Singh, in a recent written reply to a question in […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat Updated On Thu, Oct 31st, 2019 by Saurenergy Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […] Read more
DTC Tenders for Procurement of 300 Electric Buses Updated On Mon, Oct 28th, 2019 by Saurenergy DTC has tendered for the selection of bus operators for the procurement and operation of 300 electric buses under the FAME-II Scheme. The Delhi Transport Corporation (DTC) has floated a tender, inviting bids from eligible bidders for the selection of bus operators for the procurement and operation of 300 air-conditioned electric buses on PPP (BOOT) […] Read more
Inox Wind Signs Additional Deal for 50 MW Capacity With Adani Updated On Thu, Oct 17th, 2019 by Saurenergy Inox Wind has closed a deal for sale of a 50 MW wind power project at Dayapar, Kutch in the state of Gujarat with Adani Green Energy Inox Wind, a leading wind energy solutions provider, has announced that it has closed a deal for sale of a 50 MW wind power project at Dayapar, Kutch […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
