Electricity Demand In India Increased 79% In Last 9 Years: RK Singh Updated On Mon, Dec 18th, 2023 by Saurenergy Union Power Minister RK Singh claimed that the electricity demand in India rose almost 79 percent in the last nine years. He shared the latest data before the Lok Sabha in his written response to a question. He said the electricity demand rose from 1,35,918 MW in 2013–14 to 2,43,271 MW in September 2023. He also […] Read more
Andhra Biggest Beneficiary Under Energy Efficient Public Lighting Updated On Mon, Dec 18th, 2023 by Saurenergy Andhra Pradesh is the biggest beneficiary of Union government’s energy efficiency scheme for public lighting through LEDs, data shared by the New and Renewable Energy Minister RK Singh before the Parliament revealed. The ministry in his written response before the Lower House of the Parliament (Lok Sabha) submitted state-wise details of coverage under the scheme. […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi Updated On Thu, Dec 14th, 2023 by Saurenergy Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
Singapore’s Sembcorp Awarded 300 MW Solar Project in India Updated On Thu, Dec 14th, 2023 by Saurenergy Sembcorp Industries (Sembcorp), through its wholly owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), received the Letter of Award (LOA) for a 300 MW Inter State Transmission System connected solar project. The project has been won by way of competitive bidding and has been awarded by NHPC, an enterprise of the Government of India […] Read more
ReNewX Gears Up To Showcase Renewable Opportunities In South India At Hyderabad In 2024 Updated On Thu, Dec 14th, 2023 by Saurenergy South India, with its long coastlines, ample sunshine, and windswept hills, presents a golden opportunity for businesses in the renewable energy sector. With a focus on sustainability and clean energy, the region is witnessing a rapid expansion in solar, wind, and other renewable energy projects. This creates a dynamic landscape ripe for innovation and entrepreneurial […] Read more
Tata Power Renewable Energy Ltd Inks PDA for 13.2 MW Group Captive Solar Plant Updated On Wed, Dec 13th, 2023 by Saurenergy Renewable energy player Tata Power Renewable Energy Limited (TPREL) has entered into a Power Delivery Agreement (PDA) with Dr. Abhay Firodia Group of Companies – Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for 25 years under the Group Captive Solar scheme. Under the agreement, Force Motors Limited, a fully […] Read more