IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
Surana Ventures Ltd Updated On Fri, Apr 16th, 2021 by Saurenergy Surana Solar Limited is part of the Surana Group Hyderabad, India. Founded in 1978, the Surana Group is one of the Country’s leading Industrial Companies and a strong well-diversified conglomerate which is active in the areas of Solar & Wind Power, Telecommunications, Metal Processing and Infrastructure. With its 1200 highly motivated and qualified employees Surana […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
The 12 States Welcoming EV Adoption With Policies To Match: WRI India Updated On Sat, Mar 27th, 2021 by Saurenergy 12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
SJVN Wins 288 MW Of PTC Wind Assets With ₹2000 Cr Bid Updated On Fri, Mar 12th, 2021 by Saurenergy SJVN, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh , has won the auction for 288 MW of wind power assets spread across Madhya Pradesh, Karnataka, and Andhra Pradesh, owned by Power Trading Corporation India (PTC Limited). PTC India has been on a mission to exit its wind […] Read more
Inox Wind Bags Wind Project Orders Worth 92 MW From Integrum Energy Updated On Tue, Mar 9th, 2021 by Saurenergy Inox Wind has signed a binding agreement with Integrum Energy to supply, erect and commission 92 MW of wind power projects. Inox Wind, a leading domestic wind energy solutions provider, has announced that it has signed a binding agreement with Integrum Energy Infrastructure Private Limited to supply, erect and commission 92 MW of wind power […] Read more
