Madhya Pradesh To Soon Have Five Model EV Cities Updated On Mon, Feb 10th, 2025 by Saurenergy The Madhya Pradesh (MP) Urban Development & Housing Department recently released the draft Madhya Pradesh Electric Vehicle (EV) Policy 2025. The draft document aims to develop robust and accessible EV charging infrastructure for all, including differently-abled individuals. MP’s draft policy designates Bhopal, Indore, Jabalpur, Gwalior, and Ujjain as model EV cities, where detailed plans will […] Read more
BHEL Gets HVDC Project To Transmit RE From Rajasthan, UP Updated On Mon, Feb 10th, 2025 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Limited, a special purpose vehicle (SPV) under Adani Energy Solutions, for the BF800 HVDC Project, planned for completion by 2030. In a regulatory filing, BHEL confirmed that it will design and execute the High Voltage Direct Current […] Read more
Inox Wind’s New Venture Inox Solar To Bid For Govt Tenders Updated On Mon, Feb 10th, 2025 by Saurenergy Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […] Read more
Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF Updated On Fri, Feb 7th, 2025 by Saurenergy A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […] Read more
India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
H.G. Infra Sets Up Subsidiary To Expand Into BESS Sector Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […] Read more
APTEL’s Relief To ACME Over COVID-Linked ‘Force Majeure’ Updated On Thu, Feb 6th, 2025 by Saurenergy The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more