Overall Electricity Demand Nearly at pre-Covid Levels: ICRA Updated On Thu, Sep 3rd, 2020 by Saurenergy The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […] Read more
Amp Energy India Appoints Surendra Gupta as Director and CFO Updated On Wed, Sep 2nd, 2020 by Saurenergy Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […] Read more
Nepal Exported Electricity Worth Rs 60 Crore to India in 2019-20 Updated On Tue, Sep 1st, 2020 by Saurenergy Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the NEA. Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the Nepal Electricity Authority (NEA). During the year, Nepal was able to export electricity worth 95 […] Read more
Schneider Electric Acquires Electrical & Automation Business of L&T Updated On Tue, Sep 1st, 2020 by Saurenergy Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […] Read more
Railways Planning to Generate 20 GW Renewable Energy on Surplus Land: Goyal Updated On Thu, Aug 27th, 2020 by Saurenergy Indian Railways is planning to use its surplus land to generate 20 GW of renewable energy from ‘Made in India’ solar or wind equipment to power its network The Indian Railways is planning to use its surplus land to generate 20 gigawatts (GW) of renewable energy from ‘Made in India’ solar or wind equipment to […] Read more
TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus Updated On Wed, Aug 26th, 2020 by Saurenergy TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
