NTPC generated record 360 BU of energy during FY21-22 Updated On Fri, Apr 1st, 2022 by Saurenergy NTPC, India’s largest integrated power generating company, has reported the highest-ever annual group generation of 360 BU (billion units) during FY2021-22, a growth of 14.6% compared to the previous year. During this period, NTPC states, the company also recorded the highest-ever single day generation of 1215.68 MU (Group) & 1013.45 MU (NTPC). The coal-based plants […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
SunSource Energy Commissions First Phase of Bijnor Solar Power Project Updated On Wed, Mar 23rd, 2022 by Saurenergy SunSource Energy has announced that the company has commissioned the first phase of the 45 MW solar energy project in Uttar Pradesh. SunSource is one of the leading companies in the distributed solar sector and the commissioned project is situated in the Shivala Kalan Village of Bijnor District. It’s an open access project. The company […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
ThomasLloyd Energy Will Buy 43% Stake in SolarArise India Updated On Wed, Mar 16th, 2022 by Saurenergy The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […] Read more
With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
IREDA to be consultant to petrochemicals institute for campus solarisation Updated On Mon, Mar 14th, 2022 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […] Read more
Smart Power India, Adani Solar In tie-up to promote Solar in Rural India Updated On Fri, Mar 4th, 2022 by Saurenergy In a bid to ensure equitable access to last-mile electricity and encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha states, Smart Power India (SPI), the Indian subsidiary of Rockefeller Foundation has signed a non-financial and non-commercial memorandum of understanding with Adani Solar. The MoU aims to promote the usage […] Read more
UPERC Faults Generator For Not Utilising Banked Power On Time, Allows It To Lapse Updated On Thu, Mar 3rd, 2022 by Saurenergy In a recent judgement, Uttar Pradesh Electricity Regulatory Commission (UPERC) has sought to clarify the issue of banking of power by generators in the state. Amrit Bottlers Private Limited set up a 10 MW solar plant in Uttar Pradesh, which was commissioned in October 2020. Out of the total 10 MW capacity, 6 MW was […] Read more
