ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
Mumbai Gets 35 electric Buses as Tata Motors Starts Delivery of 340 Bus Order Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Motors, has delivered 35 state-of-the-art Starbus electric buses (e-bus) as a part of the larger order of 340 electric buses to Brihanmumbai Electric Supply and Transport (BEST). BEST is a civic transport and electricity provider public body based in Mumbai, Maharashtra. Tata Motors has undertaken to build, deploy, maintain and operate the complete charging […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
CESL Signs Agreement with HPCL to Set up EV Charging Infra Updated On Fri, Jul 30th, 2021 by Saurenergy Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […] Read more
NTPC REL Calls Bids to Launch Green Hydrogen Fuelling Station in Leh Updated On Thu, Jul 29th, 2021 by Saurenergy National Thermal Power Corporation Renewable Energy Ltd (NTPC REL), NTPC’s wholly owned subsidiary, has invited a domestic tender to set up India’s first green hydrogen fuelling station in Leh, Ladakh. The sale of bid documents would commence from 31st July, 2021, the Ministry of Power has informed . The tender follows the recent tender floated […] Read more
Torrent Power Back on Track For Discom License In D & N Haveli, Daman & Diu Updated On Fri, Jul 16th, 2021 by Saurenergy Torrent Power NSE has revealed that the Supreme Court has stayed a Bombay High Court order that imposed suspension on the tender process for the power distribution business in Dadra & Nagar Haveli and Daman & Diu. The company was found to be the highest bidder in the tender for a 51% equity stake in the […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
GoodWe To Expand Residential Inverter Production, Received Order of 5000 units Updated On Tue, Jul 13th, 2021 by Saurenergy The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […] Read more
NTPC Signs MoU with Ladakh For Country’s First Green Hydrogen Mobility Project Updated On Tue, Jul 13th, 2021 by Saurenergy NTPC Renewable Energy Ltd. (REL) has signed a Memorandum of Understanding (MoU) with the Union Territory of Ladakh to set up the country’s first Green Hydrogen Mobility project. NTPC REL, a wholly-owned subsidiary of NTPC, announced that this MoU will enable it to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen. This […] Read more
