Renewable Energy From Recycling Plastics Updated On Thu, Jul 18th, 2019 by Saurenergy Researchers have found a method of recycling plastics to create carbon nanotubes, which conduct heat and electricity but also help reduce plastic waste A team of researchers from Swansea University in the UK has found a method of recycling plastics to create high value materials such as carbon nanotubes, which can not only conduct heat and […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Sterlite Doubles Transmission Capacity to Ensure Uninterrupted Power Supply in Lucknow Updated On Mon, Jun 24th, 2019 by Saurenergy Sterlite Power has announced the successful uprate and commissioning of five, 132 kV lines in Lucknow. Sterlite Power has announced the successful uprate and commissioning of five, 132 kV lines in the heart of Lucknow, the capital of the most populous state in India, Uttar Pradesh The project was completed in record time, doubling the […] Read more
CERC Drafts Outline For Power System Development Fund Updated On Wed, May 29th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […] Read more
Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement Updated On Fri, May 10th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19 Updated On Mon, Apr 22nd, 2019 by Saurenergy India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
