PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding Updated On Wed, Sep 23rd, 2020 by Saurenergy PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […] Read more
RITES Bags Rs 475 Crore Railway Electrification Contract Updated On Wed, Sep 23rd, 2020 by Saurenergy RITES Limited has announced that it has been awarded a contract worth Rs 475 crore for electrification works of various arms of the Indian Railways. RITES Limited, a Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India has announced that it has been awarded a contract worth Rs 475 […] Read more
Policy Incentives are Crucial for Energy Storage in India: IESA Updated On Wed, Sep 23rd, 2020 by Saurenergy The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Greenbacker Acquires Solar Portfolio and Storage Project in Colorado Updated On Wed, Sep 23rd, 2020 by Saurenergy Greenbacker has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 MWac of a battery storage project. Greenbacker Renewable Energy Company has announced that, through a wholly-owned subsidiary, it has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 […] Read more
Tata Power Signs PPA to Commission Solar Carport for Apollo Kolkata Updated On Tue, Sep 22nd, 2020 by Saurenergy Tata Power, India’s largest power company has announced that it has signed a Power Purchase Agreement (PPA) with Apollo Gleneagles Hospital to commission the biggest carport in Indian Health Sector. This will be the biggest carport in the state of West Bengal, with 335 kWp capacity. The project is expected to generate approximately 4.26 lakhs […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Centre Working on Hydrogen Energy Development Targets: MNRE Secretary Updated On Tue, Sep 22nd, 2020 by Saurenergy The government is in the process of setting up targets for hydrogen energy development in the country, Indu Shekhar Chaturvedi, secretary, MNRE has said. The government is in the process of setting up targets for hydrogen energy development in the country. And a committee of officials has been formed to set those specific targets to develop […] Read more
Tender for 25 MW Canal top Solar Plants in Karnataka Issued Again Updated On Tue, Sep 22nd, 2020 by Saurenergy SSCL has issued its tender for 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka for a second time. The Shivamogga Smart City (SSCL) has issued its tender, inviting bids from eligible firms, for setting up of 25 MW solar PV power plants on the Upper Tanga […] Read more
