As India Goes Electric, MellowVans Offers A Model for Cargo Updated On Wed, Apr 22nd, 2020 by Saurenergy One of the more heartening things about the introduction of electric vehicles in India has been the fact that it happened without any major government support. The famed subsidies and other incentives that it took to get a significant part of the population moving by EV’s, was never put to use here, as E-rickshaws, proliferated. […] Read more
Five Winners in NHPC’s 2 GW Solar Power Projects Tender Updated On Fri, Apr 17th, 2020 by Saurenergy Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […] Read more
Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar Updated On Thu, Apr 16th, 2020 by Saurenergy At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […] Read more
MNRE Appoints IREDA to Handle its CPSU Scheme – II Updated On Tue, Apr 14th, 2020 by Saurenergy MNRE has announced the appointment of IREDA as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. The Ministry of New and Renewable Energy (MNRE) has announced the appointment of the Indian Renewable Energy Development Agency (IREDA) as the implementing agency for the ministry’s Central Public Sector Undertaking (CPSU) Scheme Phase-II. […] Read more
NTPC to Raise Rs 4374.10 Crore via Bonds Updated On Tue, Apr 14th, 2020 by Saurenergy NTPC has said it will raise Rs 4,374.10 crore on April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. State-run power giant NTPC has said it will raise Rs 4,374.10 crore on Thursday i,e. April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. As per […] Read more
We Received Force Majeure Notices from Various Discoms, Despite Govt Directive: Azure Power Updated On Mon, Apr 13th, 2020 by Saurenergy Despite government directive to power distribution companies (Discoms) to pay dues on time, the country’s one of the leading independent solar power producer (IPP), Azure Power said that it has received Force Majeure notices from various Discoms citing an inability to perform their obligations as per the PPA due to Covid-19. There has been a […] Read more
PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress? Updated On Mon, Apr 13th, 2020 by Saurenergy A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […] Read more
Maharashtra Discoms Turn Away From Costly PPAs to Energy Exchanges Updated On Mon, Apr 13th, 2020 by Saurenergy Discoms in Maharashtra are turning to energy exchanges to buy cheaper power to protect margins, eschewing PPAs that command much higher tariffs. With four-fifth of the economy shuttered for the third week, on account of COVID-19 control measures, pulling down power demand sharply, power utilities and Discoms in Maharashtra are turning to energy exchanges to […] Read more
Sterlite Power Partners with 4 EPC, OEM Players to Execute its Lakadia Vadodara Transmission Project Updated On Mon, Mar 30th, 2020 by Saurenergy Sterlite Power, which is among the leading global developers in power transmission space, has entered into partnership with four major players in the EPC and OEM space, with an aim to execute it’s Green Energy Corridor (GEC) project – Lakadia Vadodara Transmission Project Ltd (LVTPL). Thus, the company has joined hands with GE T&D India […] Read more
