NLC India, CIL Form JV to Co-Develop 5 GW Solar & Thermal Assets Updated On Sat, Jul 4th, 2020 by Saurenergy NLC India has signed a pact with state-owned CIL to form a JV to develop 5,000 megawatts (5 GW) of solar and thermal power assets across the country. Navratna mining and thermal power genco NLC India has announced that it has signed a pact with state-owned Coal India Limited (CIL) to form a joint venture (JV) to develop 5,000 megawatts (5 […] Read more
MNRE Declares March 25-May 31 as Lockdown Period for RE Projects Updated On Thu, Jul 2nd, 2020 by Saurenergy MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […] Read more
Can Repowering Deliver 10 GW of Wind Energy for India? Updated On Mon, Jun 29th, 2020 by Saurenergy A wind energy deal late last week has provided food for thought to policy makers in India too. A collective, or cooperative of close to 200 farmers in the Netherlands have managed to get funding to build one of the largest onshore wind farms in the country. the money will be used to replace over […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore Updated On Mon, Jun 29th, 2020 by Saurenergy Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
R.K. Singh Demolishes ‘Canards’ Against Power Reforms At Presser Updated On Thu, Jun 25th, 2020 by Saurenergy At a virtual press conference today, Power Minister R.K. Singh launched a scathing broadside against what he described as the ‘canards’ being spread by vested interests to delay or block the passage of key power reforms, proposed in the upcoming Electricity (Amendment) Bill, 2020. Getting down to the theme straightaway, Mr Singh highlighted how India, […] Read more
Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
The Leading Electric Two-Wheeler Companies in India Updated On Tue, Jun 16th, 2020 by Saurenergy The leading electric two-wheeler companies in India based on their sales figures for the financial year 2019-2020. Two-wheelers, perhaps one of the few industrial segments where India does not have a disadvantage vis a vis global scale, are poised to lead the EV transition in India. This is on the back of existing players as […] Read more
