C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
Sterling and Wilson Renewable Energy Continues Its Revival With Big Order Wins Updated On Fri, Aug 4th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE or SWSOLAR) the leading renewable EPC, announced that it has won orders worth INR 826 crore in the first four months of FY 2023-24. The orders aggregate to around 1 GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat. Scope of work for all projects include design, […] Read more
OMC Power Commissions 1 MW Rooftop Solar Installation at KGMU Lucknow Updated On Thu, Aug 3rd, 2023 by Saurenergy Renewable energy firm OMC Power has commissioned a 1 MW rooftop solar installation at the prestigious KGMU (King George’s Medical University) Lucknow. The firm informs that by harnessing solar energy, KGMU is projected to save over 1300 tonnes of CO2 in a calendar year. The MoU between KGMU and OMC Power was signed in February, […] Read more
Five Indian States Take 87% Of PM-KUSUM Benefits Updated On Wed, Aug 2nd, 2023 by Saurenergy Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme. The statistics up to June 30, 2023, claimed that India installed […] Read more
Ashish Goyal Takes Over Reins of UPPCL as New CMD Updated On Mon, Jul 31st, 2023 by Saurenergy Ashish Kumar Goyal has taken over the reins of UPPCL (Uttar Pradesh Power Corporation Limited) as its CMD. Ashish is a seasoned IAS officer who belongs from the 1995 batch. He recently concluded a stint at central deputation. In May, last year, M Devaraj had stepped into the role of the Chairman of UPPCL and […] Read more
RDSS: UP, Andhra Biggest Beneficiaries of Discom Infra Revival Funds Updated On Wed, Jul 26th, 2023 by Saurenergy The latest data from the Ministry of Power claimed that Uttar Pradesh and Andhra Pradesh emerged as the biggest beneficiary of the Revamped Distribution Sector Scheme (RDSS). This scheme is meant to revive the discoms’ health by taking corrective measures with financial aid from the Union government. The data suggested that out of all the […] Read more
Discoms Have Total Unpaid Dues of Rs 29,136cr, R.K.Singh tells Rajya Sabha Updated On Tue, Jul 25th, 2023 by Saurenergy Union Power Minister RK Singh informed Rajya Sabha today that the electricity distribution companies (Discoms) had a total unpaid dues of Rs 29,136 crore as of July 24, 2023. These payments were to be made to the country’s power-generating companies (gencos). It was in addition to the balance legacy dues of Rs 61,025 crore. The […] Read more
NLC India in Talks with Andaman for 20 MWh Storage System Updated On Mon, Jul 24th, 2023 by Saurenergy NLC India is in discussions with the Andaman and Nicobar authorities for the establishment of a 20 MWh storage battery system. The islands are currently dependent on diesel generators, with the systems helping meet 95% of the energy requirement and the remaining 5% from hydropower. “South Andaman has a 20 MW solar plant and an 8 […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
