EESL Tenders for 500 Electric Vehicles Under ADB Financing Updated On Thu, Dec 24th, 2020 by Saurenergy EESL has tendered under financial assistance from the Asian Development Bank (ADB) for the procurement of 500 electric vehicles (EVs). The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 500 electric vehicles (EVs). The vehicles will be procured in two categories: the first lot will […] Read more
Dominion Files Plan to Build its 2.6 GW Virginia Offshore Wind Project Updated On Wed, Dec 23rd, 2020 by Saurenergy Dominion Energy has filed with BOEM the required Construction and Operations Plan to build the 2.6 GW Coastal Virginia Offshore Wind project. Dominion Energy has announced that it has filed with the Bureau of Ocean Energy Management (BOEM) the required Construction and Operations Plan (COP) to build the 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) commercial […] Read more
RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations Updated On Wed, Dec 23rd, 2020 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […] Read more
Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality Updated On Wed, Dec 23rd, 2020 by Saurenergy Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change. The firm stated that the mission […] Read more
ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India Updated On Fri, Dec 18th, 2020 by Saurenergy ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
MoU Signed Between Banks and BEE for Power Efficiency Projects Updated On Wed, Dec 16th, 2020 by Saurenergy APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […] Read more
DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations Updated On Tue, Dec 15th, 2020 by Saurenergy DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […] Read more
Investment in Green Hydrogen to Exceed USD 1 Billion by 2023: IHS Markit Updated On Mon, Dec 7th, 2020 by Saurenergy According to the Information Handling Service Markit (IHS), London, the Annual global investments in Green Hydrogen (hydrogen production powered by renewable sources) are now expected to exceed USD 1billion by 2023. IHS released news on 3rd December 2020 stating that the increased investment is possibly connected to the falling costs and policy support from governments, […] Read more
