Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Sobha Carnation Inaugurates 69kWp Rooftop PV Plant along with Greenrays Enersol Updated On Thu, Aug 16th, 2018 by Saurenergy Further, this project is taken up under PPA model, wherein entire investment is done by Greenrays Enersol and power is consumed captively by the society for common loads through a Power Purchase Agreement (PPA) between both the entities. Taking another positive step towards going green, Sobha Carnation CHS, a reputed premier society in Kondhwa, Pune […] Read more
PFC Appoints PK Singh as Director-Commercial Updated On Tue, Aug 14th, 2018 by Saurenergy Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […] Read more
Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project Updated On Thu, Aug 9th, 2018 by Saurenergy Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […] Read more
Rural Electrification- Another Feather in India’s Cap Updated On Thu, Aug 9th, 2018 by Saurenergy After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […] Read more
Poland Passes Amendment to Back Renewable Energy Updated On Wed, Aug 8th, 2018 by Saurenergy Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […] Read more
Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
