IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand Updated On Mon, Aug 14th, 2023 by Saurenergy The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan. MSEDCL has planned to procure 7,000 MW of solar […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
DEWA Picks Masdar to Manage 1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6 Updated On Mon, Aug 14th, 2023 by Saurenergy Dubai Electricity and Water Authority (DEWA) has selected the state-owned renewable energy firm Masdar for the construction and management of the 1,800-megawatt (MW) phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park. Reportedly, Saeed Mohammed Al-Tayer, DEWA’s managing director and CEO made the announcement. The project will be built at an estimated cost […] Read more
Application Engineer – Power Quality Solutions Updated On Fri, Aug 11th, 2023 by Saurenergy As Application Engineer – Hydrogen Segment – Power Quality, will be part of Hitachi Energy business based in the Bengaluru / Faridabad. As the Application Engineer – Power Quality applications, you will be responsible for securing orders for Power Quality/FACTS solutions within the region in line with targets and planned strategy. You will be responsible […] Read more
ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
SECI Projects Account For 18% of India’s Solar Capacity: Govt Updated On Fri, Aug 11th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha. The minister said that in […] Read more
