PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
IIT Guwahati & Tata Elxsi Collaborate to Advance Electric Mobility Solutions Updated On Wed, Apr 19th, 2023 by Saurenergy The Indian Institute of Technology Guwahati has entered into an agreement with Tata Elxsi. The MoU will pave the way for the development and commercialisation of solutions for the electric mobility market. Tata Elxsi looks into providing global technology services provider for the automotive and transportation industry. The signatories of the agreement were Prof. Parameswar […] Read more
EV Charging Hub in Kolkata That Fast-Charges 25 Vehicles At The Same Time Updated On Wed, Apr 12th, 2023 by Saurenergy West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has joined hands with Powerbank for the establishment of charging hub for EVs in Kolkata. The firm maintains that this is the largest public fast charging hub for EVs in the eastern part of India. Powerbank is a firm that sets up EV charging networks. The EV hub that […] Read more
KMC Mulling 40 More EV Charging Stations in Kolkata Updated On Mon, Apr 10th, 2023 by Saurenergy The Mayor-in-Council of the Kolkata Municipal Corporation (KMC) has passed a proposal according to which the KMC will tie up with Mumbai based Tata Power for the setting up of 40 EV charging stations in Kolkata. The proposal will now be placed before the KMC House in April only for consideration. KMC already has established […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
INOX Partners Tata Power Saurya Bandita for 40 MWp Captive Solar Plant Updated On Tue, Apr 4th, 2023 by Saurenergy INOX Air Products (INOXAP), which claims to be India’s largest manufacturer of industrial and medical gases has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up a captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of a 40MWp, would […] Read more
Tata Power Solar Systems Bags 300 MW Solar Project for NLCIL for Rs 1,755 crore Updated On Wed, Mar 29th, 2023 by Saurenergy Tata Power’s wholly-owned subsidiary, Tata Power Solar Systems Limited, has received the Letter of Award (LoA) of ₹1,755 crore. This is towards the establishment of a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly known as Neyveli Lignite Corporation Limited, as part of the CPSU scheme. Tata Power […] Read more
IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital Updated On Mon, Mar 27th, 2023 by Saurenergy A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […] Read more
Tata Power Renewable Energy Joins Hands with Tata Power DDL for 510 MW Hybrid Project Updated On Fri, Mar 10th, 2023 by Saurenergy A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […] Read more
