Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
MG ZS EV Participates in First-Ever EV Trial-Run Between Delhi and Agra Updated On Thu, Nov 26th, 2020 by Saurenergy MG Motor India has participated in the first-ever EV trial run, the #NHforEV2020 Tech Trial Run, between Delhi and Agra with ZS EV. MG Motor India has participated in the first-ever EV trial run between Delhi and Agra with ZS EV. Launched as part of the Government of India’s mission to put more EVs on […] Read more
World’s First Sigfox Enabled EV Chargers to be Manufactured in India Updated On Fri, Nov 20th, 2020 by Saurenergy VerdeMobility has joined hands with iWire Technologies to develop the world’s first Sigfox enabled, Electric Vehicle (EV) Charging Stations in India. India has embarked on an ambitious program to introduce EV (Electric Vehicle) in a big way to transform the entire transport sector. Given this stated objective to decarbonise the whole transport sector, VerdeMobility, a […] Read more
KSEB Finally Closes 200 MW Solar Tender At Rs 2.97/unit, NTPC, Tata Power Winners Updated On Fri, Nov 13th, 2020 by Saurenergy The Kerala state Electricity Board (KSEB), after a nearly year long struggle, has finally reached closure on its quest for 200MW solar power for the state, though the final reported price, Rs 2.97.unit , may not exactly be what they had hoped for. Keep in mind that the board had failed to convince NHPC to […] Read more
Tata Power Posts Strong Numbers in Q2 2021 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Tata Power has announced its results for Q2 2021, reporting strong numbers in consolidated revenue and Profit after Tax Tata Power, India’s largest integrated power company, has announced its results for the quarter ended September 30, 2020 (Q2 2021), reporting strong numbers in consolidated revenue and consolidated Profit after Tax (PAT) as compared to Q2FY20. […] Read more