Green Firm Renew Power Raises $400 M from Global Debt Investors Updated On Mon, Jan 10th, 2022 by Saurenergy ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […] Read more
Tata Power Tops Among India Power Utilities In S&P’s CSA Scores Updated On Fri, Jan 7th, 2022 by Saurenergy Tata Power, one of India’s largest integrated power companies, secured the highest score among its peers in the Indian Power sector in S&P Global’s recently released Corporate Sustainability Assessment (CSA) results. ESG parameters are becoming increasingly relevant as markets across the world start to consider these for critical issues such as financing. Tata Power has […] Read more
CEL Invites Tender for 25 MW Of DRE Projects In Maharashtra Updated On Fri, Jan 7th, 2022 by Saurenergy Privatization bound Central Electronics Limited (CEL), presently still a public sector enterprise under the Ministry of Science and Technology, has invited bids for the design, supply, erection, testing, and commissioning of decentralized solar systems ranging from 2 MW to 10 MW for a cumulative capacity of 25 MW at various substations in Maharashtra. Central Electronics […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
Senior Engineer – Cell Maintenance Updated On Thu, Jan 6th, 2022 by Saurenergy To Manage and handle the shift as Shift Incharge in Module Maintenance department with the following requirement:- Hands ON experience in Machine maintenance in Electronics / Control / Automation / Vacuum system. Demonstrate systmatic / Analytic approach towards Analysis / troubleshooting of machine breakdowns & information to further level Exclusive knowledge of PLC / SCADA […] Read more
Discount Strategy Short Circuited For OPG Power In Tamil Nadu, As APTEL Vacates TNERC Order Updated On Thu, Jan 6th, 2022 by Saurenergy In an interesting order on January 4 from APTEL that lays bare the risk of offering tactical discounts without a clear strategy apparently, Chennai-based OPG Power generation has suffered a setback. The firm, which had signed a PPA on 12.12.2013 for supply of 74 MW RTC power for the period 01.06.2014 to 30.09.2028 to TANGEDCO, […] Read more
COP26 Commitments Likely to Attract Billions in Investment: ICRA Updated On Thu, Jan 6th, 2022 by Saurenergy The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […] Read more
Odisha Govt Partners with GAIL to Develop Green Projects Updated On Thu, Jan 6th, 2022 by Saurenergy The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) and Gas Authority of India Ltd (GAIL) on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar / wind) for the production of eco-friendly fuels in Odisha. Odisha, being a power surplus state, […] Read more
IEX December Updates- Drop in Green Market, REC Volumes Updated On Thu, Jan 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […] Read more