Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
Tata Motors Delivers Tigor EVs to Goa’s DNRE, Part of EESL Tender Updated On Tue, Feb 2nd, 2021 by Saurenergy India’s prominent automobile company, Tata Motors has delivered its Tigor EVs to the Department of New & Renewable Energy (DNRE) in Goa. This deployment is an integral part of its tender with EESL. The delivery ceremony took place on 1st February in the presence of Hon’ble Chief Minister of Goa, Rajesh Tulshidas Patekar accompanied by […] Read more
Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai Updated On Tue, Feb 2nd, 2021 by Saurenergy Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […] Read more
The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
NIPSCO Announces Completion of its First Two Wind Projects Updated On Tue, Feb 2nd, 2021 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana. “We are excited to welcome these wind assets to our generating portfolio,” said Mike Hooper, NIPSCO […] Read more
LONGi Launches New 66C Type Hi-MO 4m Module for Global DG market Updated On Tue, Feb 2nd, 2021 by Saurenergy LONGi, a leading solar technology company headquartered in Xi’an, China, has officially launched its new 66C type Hi-MO 4 monofacial PV module (Hi-MO 4m) for the global distributed generation (DG) market. With an area of about 2 m2, weight of 22kg and power of 410-420W, the new module can be widely used on rooftops in […] Read more
Compatible up to 660W Modules, TrinaTracker Vanguard Series Receive IEC Certification Updated On Tue, Feb 2nd, 2021 by Saurenergy Trina Solar has received IEC62817 Certification for its TrinaTracker Vanguard Series verified by the Certification Entity for Renewable Energies (“CERE”), Europe-leading independent testing, simulation, certification and inspection body. Pioneering in the match of trackers and ultra-high power modules, Trina Solar offers the new-generation of Vanguard trackers compatible with 660W, 600W and 550W modules, leading to […] Read more
Tata Power to now Operate the Entire Distribution System in Odisha Updated On Tue, Feb 2nd, 2021 by Saurenergy Tata Power will now serve the entire population of the state of Odisha after it secured LOI to operate the north eastern distribution system Tata Power, India’s largest integrated power utility, has announced that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply […] Read more
EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
