IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
Centre Amends Electricity, Late Payment Surcharge Rules 2022 Updated On Mon, Mar 4th, 2024 by Saurenergy The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […] Read more
Lead Commercial Operations Manager Updated On Mon, Mar 4th, 2024 by Saurenergy Preparation of proposals/bids, contract negotiation and compliance with contract commitments and commercial risk assessment Operates with some autonomy but are typically subject to standard sales practices and procedures. The role is subject to regular review of sales results. Some judgment may be required but this is typically with guidance. May be responsible for medium-sized sales […] Read more
Research Engineer – Electrical – Power Electronics & Power Systems Updated On Mon, Mar 4th, 2024 by Saurenergy As a Research Engineer– Electrical Systems Engineering, you will execute and contribute to technology programs in design, modelling, analysis and control of advanced electrical power conversion systems, grid integration controls, electrical system analysis and deliver solutions that enable Electrification for various GE businesses including renewable energy, aviation, healthcare, grid solutions and transportation. Responsibilities:- As a […] Read more
BluPine Energy Acquires 369 MW Solar Assets From Acme Group Updated On Mon, Mar 4th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […] Read more
SJVN Green Energy Bags 200 MW Project From GUVNL Updated On Mon, Mar 4th, 2024 by Saurenergy SJVN Ltd’s wholly owned subsidiary company i.e., SJVN Green Energy Limited (SGEL) announced it has bagged a 200 MW project from GUVNL. SJVN further stated that it had participated in 200 MW capacity in the tariff-based competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was undertaken for the development of solar […] Read more
Gautam Solar Cracks Notable Deal In Ghana Updated On Mon, Mar 4th, 2024 by Saurenergy India’s solar module manufacturers have for long targeted the US and other developed markets for exports, considering the intense Chinese competition in other markets. In that context, an announcement by leading manufacturer Gautam Solar, of a successful export of cutting-edge solar modules to Ghana deserves notice. Despite intense competition from Chinese manufacturers dominating the African market, […] Read more
Servotech Secures Order for 1400 Fast EV Chargers from IOCL Updated On Fri, Mar 1st, 2024 by Saurenergy EV chargers manufacturer Servotech Power Systems Ltd. announced it has bagged an order of 1400 DC fast EV chargers from Indian Oil Corporation Limited (IOCL) and other EV charger OEMs. The total order is valued at Rs 111 crores and involves two charger variants of 60 kW and 120 kW, according to a press release […] Read more
Yara, ACME Sign A Binding Agreement To Supply Green Ammonia Updated On Fri, Mar 1st, 2024 by Saurenergy Yara, a Norwegian crop nutrition company engaged in ammonia trade and shipping, signed a firm and binding agreement for the supply of ammonia with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. They signed a firm and binding agreement for the supply of ammonia to reduce CO2 emissions from Acme to Yara on a long-term […] Read more