Assam To Invest Rs 10,000cr For 2000 MW Solar Power Updated On Wed, Aug 10th, 2022 by Saurenergy The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […] Read more
Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group Updated On Wed, Aug 10th, 2022 by Saurenergy In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […] Read more
Industry Reacts: Electricity (Amendment) Bill 2022 Updated On Wed, Aug 10th, 2022 by Saurenergy As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
Quality Manager Updated On Tue, Aug 9th, 2022 by Saurenergy As our Quality Manager you will provide core quality management services that will be used to support the development and project work streams in all their relevant activities. The core support services will include the management of Quality Assurance and Quality Control, Management of quality documents, Maintain and report on Non-conformance register on site and […] Read more
Odisha’s Medical Colleges And DHH Buildings To Adopt Solar Rooftop Updated On Tue, Aug 9th, 2022 by Saurenergy Seven medical colleges and 32 district headquarters hospitals (DHHs) across the state of Odisha will all get rooftop solar installations. Under the renewable energy service company (RESCO) program of Odisha Renewable Energy Development Agency (OREDA), healthcare facilities and hospitals will be mounted with rooftop solar systems. The Director of Health Services (DHS) and the Director […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan Updated On Tue, Aug 9th, 2022 by Saurenergy Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […] Read more
The Politics Of Statism Over The Electricity Amendment Bill Needs To Stop Updated On Tue, Aug 9th, 2022 by Saurenergy The passage of the Electricity Amendment Bill 2022 in the Lok Sabha has been met with widespread resistance, within and outside parliament, with many politicians and former bureaucrats declaring it ‘dangerous’, ‘an assault on state rights’ and much more. For now, it is the Delhi State Government which seems to be leading in its brickbats, […] Read more