Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
Solar Helped Remote Hospitals Function Optimally: WRI Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report from the WRI-India, a climate and energy think tank, claimed that clean power from solar energy fueled through Distributed Renewable Energy (DRE) systems boosted the capacity of remote healthcare centres nationwide. The report was titled ‘A Spoonful of Solar to Help the Medicine go Down’. WRI-India recently released the report in New Delhi recently. The […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW Updated On Mon, Nov 6th, 2023 by Saurenergy NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […] Read more
Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Electrical Surveyor / Electrical Engineer Updated On Wed, Nov 1st, 2023 by Saurenergy DNV is seeking a highly motivated and dedicated Electrical Surveyor / Electrical Engineer to join our Indian OIT (Offshore Infrastructure and Technology) team. This role will be a permanent position in Mumbai, India. He/she shall be performing various assurance, verification, and advisory tasks for a broad range of customers throughout the entire value chain on- and offshore […] Read more
Lead – System Studies Updated On Wed, Nov 1st, 2023 by Saurenergy FACTS PDG part of Grid Solutions, a GE Renewable Energy business, delivers high power (>100MVAr) Flexible AC Transmission Systems (FACTS) as Static Synchronous Compensators (STATCOM) and Static Var Compensators (SVC), Fixed Series Capacitors (FSC) and Synchronous Condensers (SC) systems. These FACTS devices are used to control power system voltage and reactive power flow, also typically […] Read more
Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL Updated On Wed, Nov 1st, 2023 by Saurenergy Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […] Read more
