Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
NTPC Designated RE Implementing Agency for Long Term Access in ISTS Network Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has designated state-owned NTPC as the renewable energy (RE) implementing agency to facilitate the application of connectivity and Long-Term Access (LTA) in the Inter-State Transmission System (ISTS) network. As per the Central Electricity Regulatory Commission (CERC) Regulation (7th amendment) for connectivity, LTA and Medium-term Open Access in […] Read more
Revolt Intellicorp Announces Expansion of Network in 4 new Cities Updated On Tue, Feb 25th, 2020 by Saurenergy Electric two-wheeler manufacturer Revolt Intellicorp has announced the expansion of its sales network to four new cities starting February 29, 2020. Electric two-wheeler manufacturer Revolt Intellicorp has announced the expansion of its sales network to four new cities – Ahmedabad, Hyderabad, Chennai and Mumbai, starting February 29, 2020. The company had launched its Revolt’s RV400 and RV300 electric […] Read more
India to be Electricity-Based Economy Eventually: RK Singh Updated On Tue, Feb 25th, 2020 by Saurenergy Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […] Read more
Northland Power Expands Offshore Wind Pipeline in Asia Updated On Tue, Feb 25th, 2020 by Saurenergy Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti Updated On Mon, Feb 24th, 2020 by Saurenergy Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
