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
NTPC Tenders for EPC Package for 600 MW Solar PV Projects Updated On Wed, May 27th, 2020 by Saurenergy NTPC Ltd has invited bids for the EPC Package with land for the development of ISTS grid-connected solar PV projects up to 600 MW capacity. NTPC Ltd has issued an Invitation for Bids (IFB), inviting bids from eligible bidders for the EPC Package with land for the development of ISTS grid-connected solar PV projects up […] Read more
Alliant Energy Planning for 6 Solar Projects Worth 675 MW in Wisconsin Updated On Wed, May 27th, 2020 by Saurenergy Alliant Energy has announced its plans to acquire and advance 675 MW of solar projects in mostly rural areas in six counties of Wisconsin. Alliant Energy has announced its plans to acquire and advance 675 megawatts (MW) of solar projects in mostly rural areas in six Wisconsin counties: Grant, Jefferson, Richland, Rock, Sheboygan and Wood. […] Read more
Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
Heatwave Comes to the Rescue of Delhi’s Power Demand Updated On Wed, May 27th, 2020 by Saurenergy Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions. Delhi’s peak power demand soared to the season’s highest of 5,268 MW on Sunday (May 24, 2020) night amid the prevailing heatwave conditions, distribution company officials have said. At 5,268 MW past […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more
Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari Updated On Tue, May 26th, 2020 by Saurenergy The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […] Read more
AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden Updated On Tue, May 26th, 2020 by Saurenergy The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […] Read more
Tata Power-DDL Successfully Meets Peak Power Demand amid Delhi Touches Season’s Record High Updated On Mon, May 25th, 2020 by Saurenergy Amidst Delhi touched season’s high of 5,268 MW peak power demand due to the ongoing heatwave, Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power and Delhi Government, has successfully met the peak power demand of approx. 1.5 GW (or 1,493 MW) on Sunday night without any network constraint and power […] Read more
