Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission Updated On Tue, Jun 2nd, 2020 by Saurenergy Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, […] Read more
IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter Updated On Thu, May 28th, 2020 by Saurenergy IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
TransAlta Renewables Net Earnings Slip in Q1 Updated On Tue, May 12th, 2020 by Saurenergy Canada-based independent power producer (IPP) TransAlta Renewables has reported a sharp decline of CAD 73 million in its net earnings attributable to common shareholders to merely CAD 3 million, during the first quarter of 2020. The company’s net earnings attributable to common shareholders stood at CAD 76 million in the same period last year. Further, […] Read more
Inox Wind Begins Work on Phase-I of Gujarat Wind Projects Updated On Mon, May 11th, 2020 by Saurenergy Inox Wind has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. Inox Wind has announced that it has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. The first phase of the […] Read more
Scatec Solar Passes 1.5 GW Mark for Operational PV Projects Updated On Fri, May 8th, 2020 by Saurenergy Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And […] Read more
Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers Updated On Thu, Apr 30th, 2020 by Saurenergy Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […] Read more
Inox Wind Opens All Manufacturing Facilities with Permission from Local Authority Updated On Mon, Apr 27th, 2020 by Saurenergy Inox wind, a leading Wind Energy Solutions provider in India, has reopened its manufacturing facilities across the country. After lockdown order issued by the government in the wake of containment of coronavirus pandemic, Kailash Tarachandani-led company had earlier on March 26, 2020 suspend operations at all its three manufacturing sites situated at Ahmedabad, Barwani and […] Read more
Scatec Solar Announces Completion of 258 MW Solar Project in South Africa Updated On Tue, Apr 7th, 2020 by Saurenergy Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […] Read more
