Auto Major M&M to Launch 16 EV Models by 2027 Updated On Wed, Nov 10th, 2021 by Saurenergy Home-grown automaker Mahindra and Mahindra (M&M) is very bullish on the Indian automobile market and has set a cumulative revenue growth target of 15-20% by the year 2025. The company also said that it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle (LCV) categories to strengthen its leadership […] Read more
100 New E-buses to Run in Andhra Padesh’s Temple-town Tirupati Updated On Tue, Nov 9th, 2021 by Saurenergy The Andhra Pradesh State Road Transport Corporation has issued the Letter of Award to Evey Trans Private Limited to operate 100 electric buses in temple-town Tirupati under the Centre’s FAME-II scheme. Evey, a subsidiary of Olectra Greentech Limited, has bagged the Rs 140 crore contract for a 12-year period on Gross Cost Contract basis, a […] Read more
MSEDCL Tenders for 1250 MW Of Solar Under State Scheme Updated On Mon, Nov 1st, 2021 by Saurenergy Close on the heels of its tender for vendor empanelment for 200 MW of solar rooftop capacity across the state, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 1,250 MW of solar power from projects developed in various districts of Maharashtra. The bids are under the state’s own Mukhyamantri Saur […] Read more
MYSUN Receives 140 MW Solar Order from UPPTCL Updated On Wed, Oct 13th, 2021 by Saurenergy Rooftop solar firm MYSUN has bagged 140-megawatt (MW) open-access solar power projects from the Uttar Pradesh Power Transmission Corp Ltd (UPPTCL), according to a company statement. “MYSUN, has been allocated 140-MW solar projects under the captive/open access mode by the Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL),” the company said in a statement. The allocation […] Read more
Magenta and BSES Sign MoU to Deploy EV Charging Solutions in Delhi Updated On Thu, Oct 7th, 2021 by Saurenergy Magenta, an Indian charge point operator (CPO) company, will be deploying innovative EV charging solutions in collaboration with BSES Rajdhani Power Limited and BSES Yamuna Power Limited, prominent power distribution companies in Delhi. BSES has been forging partnerships to promote e-mobility in the national capital in line with the state and central government objectives to […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
VP Naidu Inaugurates Amp Energy’s 2.4MW Solar Plant in Puducherry Updated On Wed, Sep 15th, 2021 by Saurenergy Amp Energy India has commissioned a 2.4 MW solar power plant at Pondicherry University in the Union Territory of Puducherry. The plant was inaugurated by Vice President M Venkaiah Naidu on 13th September, 2021, in the presence of the Dr Tamilisai Soundararajan, Lt Governor of Puducherry & Chief Rector of Pondicherry University; N Rangasamy, Chief […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
Thiruvananthapuram to Get Solar Plants at Key City Locales Updated On Thu, Sep 2nd, 2021 by Saurenergy The Smart City Thiruvananthapuram Ltd (SCTL) and its Smart Mission initiative are implementing solar power plant projects at important establishments in the capital city, including the Legislative Assembly Complex, in order to propagate sustainable technology. The estimated cost of the project is Rs 3.2 crores and it is expected to generate 607-kilowatt power. Officials believe […] Read more
