Network of Electric Vehicles Charging Stations Across Cities, Highways Updated On Fri, Sep 7th, 2018 by Saurenergy In a bid to promote the use of electric vehicles, the ministry has procured Electric Vehicles for some of its officials. Taking another step towards the use of electric vehicles in the country, Power Secretary, Ajay Kumar Bhalla stated in a curtain-raiser press conference of first Global Mobility Summit ‘MOVE’ that government is considering setting […] Read more
Tata Power Hits 0.8 Million ‘Digital-Only’ Customers Updated On Wed, Sep 5th, 2018 by Saurenergy 32 percent of Tata Power customers are now being catered through digital medium such as smart phones. Having pushed the digitized approach to cater its customers best, Tata Power has achieved 0.8 million digital-only customers out of its 3.2 million clientele. Moreover, 32 percent of Tata Power total customers are now being catered through digital […] Read more
EU Exempts China from Import Restrictions; Mulls Restricting US Updated On Tue, Sep 4th, 2018 by Saurenergy EU’s move of withdrawing restrictions came in after Brussels and Beijing mull to be more defensive of the U.S solar markets being more cooperative in their own trade policies. European Union (EU)has lifted five-year old protectionism restrictions on solar panel imports from China paving way to protecting the domestic developers and manufacturers from the U.S. […] Read more
NTPC Launches its 1st EV Charging Station in Vishakhapatnam Updated On Mon, Sep 3rd, 2018 by Saurenergy NTPC powered EV charging station has been designed by its In-house NTPC engineering team at Simhadri. In line with Government of India’s plans to switch to electric vehicles mobility, NTPC, India’s largest power generating company, initiates its first Electric Vehicle EV Charging Station in Simhadri, Vishakhapatnam. Moreover, NTPC is fully aligned for promoting clean energy […] Read more
Hanergy Registers over 600% Jump in Operating Revenue Updated On Sat, Sep 1st, 2018 by Saurenergy Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […] Read more
IEX, PXIL Green Certificate Sales Nosedive 49.34% in August Updated On Fri, Aug 31st, 2018 by Saurenergy The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […] Read more
Bengaluru Commuters May Travel on Electric Buses in 5 Years Updated On Thu, Aug 30th, 2018 by Saurenergy The authority has started an electric bus in 2014 on pilot bases but shut the service citing high costs. In a bid to reduce the environmental pollution caused by worn diesel buses, state’s Deputy Chief Minister, G. Parameshwara has affirmed that the authorities will discontinue the use of all diesel buses over the next five […] Read more
Indian Gov’t to Seek RBI Relief for Stressed Power Cos Updated On Wed, Aug 29th, 2018 by Saurenergy Allahabad High Court disapproved the RBI relief to the private power companies taking into account the RBI February 12 circular upholding tighter bad loan norms. Following an order by the Allahabad High Court declining to provide any interim relief to the stressed power sector firms, Indian Government is considering to ask Reserve Bank of India […] Read more
PM Modi to Launch FAME India II on September 7 Updated On Wed, Aug 29th, 2018 by Saurenergy The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […] Read more