REC Seeking Bid Assistance for Participating in Solar Tender in Karnataka Updated On Thu, Jan 21st, 2021 by Saurenergy RECPDCL, a REC subsidiary, is seeking bid assistance for participating in a tender for setting up ISTS-connected solar projects in Karnataka REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC, has issued a tender, inviting bids from its empaneled agencies, for providing bid assistance to the firm as it intends to participate in […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Can ATUM Bridge The Rooftop Solar Gap for India? Updated On Mon, Jan 11th, 2021 by Saurenergy For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
E-2Ws saw 2% of Target Sales till September 2020, Under FAME-II: ICRA Updated On Tue, Dec 22nd, 2020 by Saurenergy ICRA surveyed 16 electric 2 wheeler dealerships, across the country, in November 2020. The Report tells about how the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II), the flagship scheme of the Government of India to push faster electric vehicle (EV) adoption, managed to achieve only 2 percent of its […] Read more
The Top 5 PSUs With Big Solar Plans For India Updated On Fri, Dec 18th, 2020 by Saurenergy India’s electricity mix is where the country hopes to make the biggest gains, when it comes to its contribution to cutting carbon emissions. Currently, the country’s sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural […] Read more
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
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