Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Canada Imposes Surcharges Against Imports Of Chinese EVs Updated On Tue, Aug 27th, 2024 by Saurenergy After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […] Read more
UltraTech Secures $500mn Financing For Sustainability Initiatives Updated On Tue, Aug 27th, 2024 by Saurenergy UltraTech Cement Limited (UltraTech) recently raised $500 million through a sustainability-linked loan, with participation from six banks. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole Sustainability Coordinator for this transaction and served as the exclusive advisor on UltraTech’s Sustainability-Linked Financing Framework. The primary lenders in the transaction include SMBC, SBI, BNP Paribas, DBS, MUFG, […] Read more
Green Stocks Aug 26: TATA Power, JSW Energy Stocks Prices Up Updated On Mon, Aug 26th, 2024 by Saurenergy At a day when most of the green energy companies in India witnessed a plunge in their stock prices, a selected few saw a minor increase in their stock prices. The only three firms which witnessed an increase in its stock price included JSW Energy (1.69% increase), Tata Power (1.06%) Shakti Pumps (0.17%), and Sterling […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
Khavda Project: GIPCL Issues Bids For Supply Of 500 MW Bifacial Modules Updated On Mon, Aug 26th, 2024 by Saurenergy The Gujarat Industries Power Company Limited (GIPCL) has now issued a tender to supply solar modules for a 500 MW (AC) / 625 MWp solar PV project at the Great Rann of Kutch near Khavda in Gujarat with September 3rd set as the last date of pre-bid queries/ clarifications. GIPCL invited bids to select contractors […] Read more
SECI Seeks 800 Acres Of Land For 200 MW Solar Project In MP Updated On Fri, Aug 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released a tender for the selection of an agency for the outright purchase or lease of 800 acres of land for the development of a 200 MW solar project in Madhya Pradesh with September 23 as the last date for bids submission. The SECI tender states that for […] Read more
NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […] Read more
PM-KUSUM: Shakti Pumps Bags JREDA Order For 400 Solar Pumps Updated On Fri, Aug 23rd, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited has received its first order from Jharkhand. The Jharkhand Renewable Energy Development Agency (JREDA) has given a Letter of Award (LOA) for 400 solar pumps at various locations across the state of Jharkhand. This contract was given under the Component-B of PM-KUSUM scheme. The total amount of […] Read more
