Resurgent Power Ventures Pte Ltd Gets UP Power firm through IBC process Updated On Thu, Mar 10th, 2022 by Saurenergy Tata Power backed Resurgent Power Ventures has been selected for takeover of the South East UP Power Transmission Company Limited (SEUPTCL) by the resolution professional handling the case of the bankrupt transmission firm. A Letter of Intent (LOI) selecting Resurgent Power Ventures Pte Ltd (Resurgent) has been issued under the Insolvency and Banking Code (IBC)proceedings, […] Read more
Central Railway Adds 4 More Locations Generating Solar Power in Maharashtra Updated On Mon, Mar 7th, 2022 by Saurenergy Rooftop solar installations in four more railway properties have begun to produce solar power in the Central Railway zone. The four newly added locations are Igatpuri railway hospital, Igatpuri railway station, Kasara railway station and Titwala cabin. The Central Railway says that that with the addition of the four new locations in the network, the […] 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
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
Renew Power, Fourth Partner In Deal For On Site Solar Assets? Updated On Sat, Jan 22nd, 2022 by Saurenergy Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […] Read more
Tata Motors Forms New EV Subsidiary: Tata Motors Electric Mobility Ltd Updated On Thu, Dec 23rd, 2021 by Saurenergy Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on December 21, 2021. The subsidiary has been incorporated to […] Read more
Tata Steel UK Plant Helps Build World’s Largest Offshore Wind Farm Updated On Thu, Dec 23rd, 2021 by Saurenergy Steel made at Tata Steel’s Port Talbot plant in Wales is behind the world’s largest offshore wind farm due to be completed by 2026, the Indian steel major said on Wednesday. The Dogger Bank Wind Farm, capable of providing green energy for 6 million homes in the UK, will make use of steel processed into […] Read more
CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs Updated On Thu, Dec 9th, 2021 by Saurenergy In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […] Read more
Tata Motors Delivers 60 E-buses to Ahmedabad Janmarg Ltd Updated On Mon, Dec 6th, 2021 by Saurenergy Indian automaker Tata Motors has delivered 60 electric buses to Ahmedabad Janmarg Limited (AJL). The Tata Ultra Urban 9/9 AC buses were flagged off on Friday at the Sabarmati River Front Event Centre, Ahmedabad, by Chief Minister Bhupendra Patel and Ahmedabad Mayor Kiritkumar Parma. The 24-seater zero-emission buses have been supplied under the FAME II […] Read more
