Govt Proposes Mandating RE for Open Access, Captive Users Updated On Fri, Mar 28th, 2025 by Saurenergy The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […] Read more
UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project Updated On Fri, Mar 28th, 2025 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […] Read more
ONGPL Completes 100% Acquisition Of Ayana Renewable Updated On Fri, Mar 28th, 2025 by Saurenergy ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025, a media statement from the venture said today. Ayana, a renewable energy platform, has a capacity of […] Read more
IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo Updated On Fri, Mar 28th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […] Read more
Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh Updated On Fri, Mar 28th, 2025 by Saurenergy Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […] Read more
NTPC Plans 813 MW Wind Project In Bellary, Issues Tender Updated On Fri, Mar 28th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the supply and installation of wind turbine generators (WTGs) for an 813 MW (271 WTG) wind energy project in Bellary, Karnataka. The NTPC tender specifies that the wind energy project must have a minimum capacity of 813 MW, corresponding to 271 locations. It set April […] Read more
Maharashtra: NTPC REL Issues Tender For 672 MW Wind Projects Updated On Fri, Mar 28th, 2025 by Saurenergy In an effort to expand Maharashtra’s wind energy capacity beyond the current 5,279.08 MW, NTPC Renewable Energy Limited (NTPC REL) has invited bids for the installation of wind turbine generators (WTGs) in the state. Through this tender, NTPC’s renewable energy arm aims for the bidder to undertake EPC activities for a 672 MW (224 WTG) […] Read more
60% Of Municipal Bonds Miss Being Labelled Green: CEEW-GFC Updated On Fri, Mar 28th, 2025 by Saurenergy Municipal green bonds could mobilize up to Rs. 20,000 crore (USD 2.5 billion) by 2030, unlocking critical funding for civic and climate-resilient urban growth in India, according to a new independent report released by the CEEW Green Finance Centre (CEEW-GFC). The report, Unlocking Green Finance for India’s Urban Local Bodies Through Municipal Green Bonds, finds […] Read more
Solar Module Prices To Stabilise At Best In 2025, Not Rise, Says Australian Report Updated On Fri, Mar 28th, 2025 by Saurenergy Climate Energy Finance, an Australia based think tank, has predicted that solar module prices are unlikely to rise in 2025, at beat stabilising. This will be reassuring for a lot of developers in India and beyond, who dread the risk of a significant price rise, as supply chains across the world continue to depend on […] Read more
