Infrastructure sector needs to think beyond traditional finance options Updated On Wed, Apr 20th, 2022 by Saurenergy Infrastructure project financing is the key to taking projects successfully from planning to completion stage. The lion’s share of infrastructure finance is shouldered by banks but with stricter regulations on banks and their lending to the infrastructure sector due to NPAs, projects will require new sources of finance. Choosing the right means of funding infrastructure […] Read more
Gautam Solar Introduces ‘Gel Battery’ for Better Storage Across Sectors Updated On Thu, Apr 7th, 2022 by Saurenergy Gautam Solar has launched a new Gel Battery for domestic and international markets to address the need for energy storage for solar power plants, electric vehicles, telecom and rural electrification. Gautam Solar says that its Gel Batteries are cost -effective, thermally stable, long lasting and sealed maintenance free with no topping up ever required. Gautam […] Read more
REC Power Development Seeks Consultant for Floating Solar Park in Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […] Read more
Suzlon Energy Seeks Debt Succour Again, as Feb 28 Deadline looms Updated On Tue, Feb 8th, 2022 by Saurenergy India’s top wind energy player Suzlon Energy is running out of time to serve its immediate debt obligation that is due on February 28, 2022. It’s precisely three weeks from here. According to the presentation made to the joint lender’s forum, India’s largest wind energy player has an estimated debt obligation of Rs 882 crores […] Read more
REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Chief Executive Officer Updated On Thu, Oct 21st, 2021 by Saurenergy Applications are invited from eligible Indian nationals for appointment to the post of Chief Executive Officer of EESL to be posted at the Corporate Office of EESL presently in New Delhi. Company Profile: – EESL is a Joint Venture Company of NTPC Ltd., Power Grid Corporation of India Ltd, Power Finance Corporation Ltd. and Rural […] Read more
Assam Continues Focus on Off Grid Solar Systems With Tender for 71,999 Systems Updated On Wed, Sep 15th, 2021 by Saurenergy Assam, faced with challenges of terrain and delivering power to some of the more inaccessible parts of the state, has tried to emulate the Bangladesh example, using solar systems in a big way to ensure energy access for its people. The latest move is a tender by the Assam Power Distribution Company Limited (APDCL), inviting […] Read more