Green Stock June 20: Shakti Pumps, Gensol Stock Price Rise By 5% Updated On Thu, Jun 20th, 2024 by Saurenergy In the stock market today, Gensol Engineering stock rose by 5%, this is followed by Shakti Pump which maintains a 5% positive growth. Other companies whose stock climbed up today are, Borosil Renewables, Tata Power, JSW Energy, SUZLON Energy, Adani Green, and SJVN Company name Closing Price On May 19 Closing Price on June 20 […] Read more
MoP Releases Norms To Compensate For Damages Under Right Of Way Updated On Thu, Jun 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […] Read more
MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project Updated On Thu, Jun 20th, 2024 by Saurenergy Maharashtra State Power Generation (MAHAGENCO) recently released a tender inviting bids under two systems, technical/commercial and price bid. The MAHAGENCO seeks bidders to select EPC contractors for the design, engineering, supply, erection, testing, and commissioning of 65 MWAC capacity crystalline solar PV technology. The project is located in a village in Lakhmapur, Taluka in Chandrapur […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Green Stock June 19: Shakti Pumps & Waaree Renewable Stocks Shine Brighter Updated On Wed, Jun 19th, 2024 by Saurenergy In the stock market today, Shakti Pumps continues to witness a positive growth rate of 5% alongside Waaree Renewable whose stock saw a 2.27% growth. Company name Closing Price On May 18 Closing Price on June 19 Change % Borosil Renewables Ltd 497.10 492.20 -0.99% Waaree Renewable Technologies Ltd 2023.40 2069.40 +2.27% Sterling and Wilson […] Read more
Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
