Suzlon Survives, With Debt Recast From Bankers Updated On Wed, Apr 1st, 2020 by Saurenergy Troubled Wind Energy manufacturer Suzlon has informed the stock exchanges about a debt recast approved by its lending consortium, led by the State Bank of India. The total amount involved has been reported to be close to Rs 14,000 crores. The firm has been in financial trouble for quite some time, a situation that has […] Read more
Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well Updated On Tue, Mar 31st, 2020 by Saurenergy In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac Updated On Tue, Mar 31st, 2020 by Saurenergy Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […] Read more
Super Energy Corp to Invest in Solar Projects Worth 750 MW in Vietnam Updated On Tue, Mar 31st, 2020 by Saurenergy Super Energy Corp has announced that its Board has approved the investment in for four solar projects in Vietnam with a total installed capacity of 750 MW Thailand-based Super Energy Corporation has announced that its Board of Directors has approved the investment in solar power projects by a subsidiary of the company in Vietnam, for […] Read more
Power Ministry Committed for 24×7 Supply to Consumers: RK Singh Updated On Mon, Mar 30th, 2020 by Saurenergy In the wake of lockdown imposed across the country to contain the spread of the coronavirus pandemic, the Power Minister RK Singh has ensured round-the-clock power supply to consumers. The Minister said that “in this time of crisis, the Ministry of Power is committed to providing 24×7 supply of electricity to all consumers.” He further […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
CEL Extends Deadline for 1.6 MW Rooftop Solar Projects Tender Updated On Mon, Mar 30th, 2020 by Saurenergy CEL has extended the bid submission deadline for its tender for setting up of rooftop solar systems worth 1.6 MW in various government buildings in Tamil Nadu The Central Electronics Limited (CEL) has issued in a notification that it has extended the bid submission deadline for its tender for setting up of grid-connected solar PV […] Read more
Vestas Announces Orders Worth 233 MW Across 3 Continents Updated On Mon, Mar 30th, 2020 by Saurenergy Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, US, Poland, and Vietnam. Global wind turbine major Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, the US, Poland, and Vietnam. The first order is the group’s fourth intertidal […] Read more
