Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility Updated On Thu, Jul 23rd, 2020 by Saurenergy Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
EESL JV ‘EPAL’ Becomes Fastest Growing Indian Owned Firm in the UK Updated On Fri, May 29th, 2020 by Saurenergy EESL JV ‘EPAL’ has emerged as the fastest-growing Indian company in the UK in the “India meets Britain Tracker 2020”, developed by CII and Grant Thornton. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India has set a remarkable global precedent […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Every Power Station Performed Optimally amid Covid-19 Crisis: NTPC Updated On Mon, Apr 27th, 2020 by Saurenergy Amidst the ongoing crisis caused due to the spread of coronavirus pandemic, state-owned power giant NTPC, which was formerly known as National Thermal Power Corporation Ltd, said that its every power station has risen to the occasion and is performing at its optimum level. Maharatna NTPC is having a total installed capacity of 62,110 MW, […] Read more
Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues Updated On Thu, Feb 27th, 2020 by Saurenergy The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […] Read more
Inox Wind Reports Rs 27.47 Crore Losses in December 2019 Quarter Updated On Mon, Feb 10th, 2020 by Saurenergy Inox Wind recently issued its financial results for the quarter ended December 2019, with the firm reporting a consolidated net loss of Rs 27.47 crore. Wind energy solutions provider Inox Wind recently issued its financial results for the quarter ended December 2019, in which the firm has reported a consolidated net loss of Rs 27.47 crore. […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
