Author: Saur News Bureau

Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy

Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […]

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Powergrid Reports 4% Growth In Profit After Tax in Q4

India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis.  It also said that on a consolidated basis, its income during Q4 also […]

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UP Issues Tender For Solarisation of 1,000 Agricultural Pumps Under PM-KUSUM 

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender for solarising 1,000 agricultural pumps under the Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. The state nodal agency for clean energy projects asked bidders to bid for the project under which they would be […]

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Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit 

Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs.  It comes after the Gujarat Urja Vikas Nigam Ltd (GUVNL) moved a petition […]

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NTPC Issues Tender for O&M of Solar Plants up to 50 MW

The National Thermal Power Corporation Limited (NTPC) has issued a tender for outsourcing its operation and maintenance of solar power plants up to 50 Megawatt (MW). The leading power producer of India has kept the closing date for the bid to June 29, 2023. The bidders can submit their bids by June 29, 2023. It […]

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GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at Khavda (GSECL Stage 2) with a Greenshoe option of additional […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years

As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […]

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