Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
The 12 States Welcoming EV Adoption With Policies To Match: WRI India Updated On Sat, Mar 27th, 2021 by Saurenergy 12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
Waaree Supplies 14MW Solar Modules to Amp Energy India Updated On Sat, Mar 20th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer has supplied 330wp & 335wp Solar modules for a project Developed by Amp Energy. The project is 14MWp captive solar open access project in Uttar Pradesh that will supply power to airtel. This project has many Firsts, it is airtel’s 1st captive solar power purchase & also 1st […] Read more
CESL Officially Launches the GRAM UJALA Programme Updated On Fri, Mar 19th, 2021 by Saurenergy CESL has unveiled the GRAM UJALA programme, under which it plans to distribute LED bulbs at an affordable cost of Rs 10 per bulb in rural areas Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has officially unveiled the GRAM UJALA programme. Under this programme, CESL will distribute high-quality […] Read more
EV Charging Stations Must For New Houses in Chandigarh: UT Administration Updated On Wed, Mar 17th, 2021 by Saurenergy The Administration of UT Chandigarh has been planning to build framing guidelines for installing the electric vehicle (EV) charging stations at every new house to be built in an area of 605 square yards or above in Chandigarh. The UT administration is thinking about making it mandatory to have EV charging stations at new houses. […] Read more
Waaree Supplies 2.47 MW Solar Modules to Vibgyor Energy Updated On Fri, Mar 12th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer with an installed capacity of 2 GW, has announced supplying 330wp & 335wp Solar modules for a 2.47 MW project Developed by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd. The solar project of Vibgyor Energy is located at Hardoi, Uttar Pradesh and Waaree […] Read more
Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report Updated On Wed, Mar 10th, 2021 by Saurenergy India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […] Read more
