Author: Saur News Bureau

IREDA Sanctions Up 129% In Q3, Disbursements Rise 41%

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […]

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9.6 GW Of Renewable Capacity Under Construction: NTPC

Indian power behemoth NTPC Limited said it has around 9.6 GW of renewable energy projects under construction. The Central Public Sector Enterprise (CPSE) furnished the information while discussing its capacity additions in Q3 of FY25. The company said that it recorded a generation of 326 BU (Billion Units) at the end of the third quarter […]

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JSP, Adyant, Green Prairie, AMPIN, Adani Renewables Secure NTPC’s 1.2 GW Hybrid Project

As the year comes to an end, NTPC, a Maharatna company, has announced five winners of its 1.2 GW wind-solar hybrid project (Hybrid 02) tender. NTPC awarded the project to JSP Green (Jindal Renewables), Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), AMPIN Energy Utility, and Adani Renewables Energy Holding Twelve (Adani Green). […]

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Waaree RTL Confirms Jindal Renewables As 2 GW EPC Client

Mumbai-based Waaree Renewable Technologies Limited (WRTL), the EPC focused  subsidiary of Waaree Energies Limited, India’s largest solar PV module manufacturer, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project will be implemented […]

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Green Stocks Dec 30: Green Stocks Retreat, Premier Energies Stands Out

In a volatile market, our green ack suffered losses almost across the board, with just Premier Energies and KPI Green managing to show gains. Many other stocks that started the day strongly, weakened as the day wore on, and eventually succumbed to the broader market sentiment. Sterling and Wilson Renewable was the only other stock […]

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PM Surya Ghar: MNRE Issues Norms For Projects Under RESCO

The Ministry of New and Renewable Energy (MNRE) has now come up with its operational guidelines to implement the PM Surya Ghar scheme under the RESCO model. The new norms talk about the Payment Security Mechanism and disbursement of central subsidies under the regime. Under the RESCO model, renewable energy usually takes up the onus […]

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PM Surya Ghar: 6 Out Of 1736 Vendors In UP Rated A++

The Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has released the draft list of empanelled rooftop solar vendors. The list also includes the ratings these vendors received on the National Rooftop Portal based on their installations. The final ratings for vendors will be published monthly, starting in January 2025. UPNEDA reports that the state […]

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BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP

BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […]

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