Logistics Company Roadcast Signs EV Financing Pact With NBFC Updated On Fri, May 17th, 2024 by Saurenergy Logistics company Roadcast has signed an agreement with Mufin Green Finance a listed Non-Banking Financial Company (NBFC) with a dedicated focus on electric vehicle (EV) financing. According to the media statement, Mufin Green Finance will lease out electric three-wheelers (E3W) equipped with GPS-enabled technology provided by Roadcast. The integration of advanced IoT systems into the […] Read more
Mahindra Electric Approves Rs 12,000 Cr Investment In EVs Updated On Fri, May 17th, 2024 by Saurenergy Mahindra Electric Automobile Limited recently approved an investment of Rs. 12,000 Cr. in Mahindra Electric Automobile Limited (MEAL) in one or more tranches, over three years up to 31st March 2027. MEAL is expected to fund in company over the next 3 years. Moreover, Mahindra and Mahindra (M&M) and its auto division are expected to generate sufficient operating cash to satisfy all their capital investment needs. Previously, […] Read more
News in Briefs May 17- Indians On Global Warming, Blupine & Anganwadi Workers, Honeywell-Enel North America Updated On Fri, May 17th, 2024 by Saurenergy 91 Percent of People in India are Worried About Global Warming Large majorities of the Indian public say global warming is happening, a serious threat to India, and support government action on climate change, according to results from a nationally representative survey released in the United States by the Yale Program on Climate Change Communication […] Read more
MCL Invites Bids For 20 MW (AC) & 28 MW Solar Proj. In Orissa Updated On Fri, May 17th, 2024 by Saurenergy Mahanadi Coalfields Limited (MCL) invites bids for the construction of solar PV power plant for its captive consumption in Lakhanpur and Jagannath Area (in Orissa). MCL has approved the preparation of a detailed project report (DPR) under CAPEX mode for the development of 20 MW (AC)/28 MW (DC) solar PV power plants in the above-mentioned […] Read more
Vikram Solar Bags 397.7 MWp Module Order From NTPC Updated On Fri, May 17th, 2024 by Saurenergy The planned 30 GW solar park at Khavda, Gujarat is clearly going to be in the news for a long time. The latest is a significant project win for leading solar module maker Vikram Solar which has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited. Vikram Solar’s modules will power […] Read more
ADB Approves $148.5mn To Boost RE, Power Distribution In Sikkim Updated On Fri, May 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernize, and climate-proof distribution systems to enhance the reliability, quality, and resilience of electricity supply in Sikkim, India. The scope of work also includes boosting renewable energy systems. Philippines-headquartered ADB will help develop a financial sustainability strategy and a plan to […] Read more
Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing Updated On Fri, May 17th, 2024 by Saurenergy Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […] Read more
SaurEnergy Explains: A Guide to Green Power Trading Updated On Fri, May 17th, 2024 by Saurenergy The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […] Read more
SJVN Invites Bids For 376 MWp GUVNL Solar Project Updated On Fri, May 17th, 2024 by Saurenergy Indian PSU, SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invited online bids from eligible bidders to manufacture and supply solar PV modules of 376.60MWp capacity for the Gujarat Urja Vikas Nigam Ltd. (GUVNL) Phase-XIV solar power project. The SJVN project includes (i.e. Stage-1: Techno-commercial Bid & Stage-2: Price Bid) with Reverse […] Read more
