550 MW Solar, 770 MW Hydro Projects Mark Reliance Group (Anil) Foray Into Bhutan Updated On Thu, Oct 3rd, 2024 by Saurenergy The Anil Ambani led Reliance Group has entered into a strategic partnership agreement with Druk Holding and Investments Ltd. (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering the investment in the renewable and green energy landscape of Bhutan. Bhutan, incidentally is one of the […] Read more
Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project Updated On Thu, Oct 3rd, 2024 by Saurenergy Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […] Read more
Avaada Announces ₹1L-cr Investment In Rajasthan’s Energy Transition Updated On Wed, Oct 2nd, 2024 by Saurenergy Indian renewable energy company Avaada Group has unveiled its ambitious plan to invest ₹1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its footprint in Rajasthan’s vast arid land. In a step forward, […] Read more
RERC Notifies Draft Green Energy Open Access Regulations 2024 Updated On Wed, Oct 2nd, 2024 by Saurenergy Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […] Read more
CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24 Updated On Wed, Oct 2nd, 2024 by Saurenergy The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […] Read more
MEC Intelligence Report On Wind Energy Orderbook In India Updated On Tue, Oct 1st, 2024 by Saurenergy A new report from MEX Intelligence covers the Wind Turbine Generator (WTG) orders in India . Market leader Envision leads with 41%. The company bagged 1.6 GW of new order books for its solar projects in the April to June quarter of 2024. So far, the total order book of Envision has reached 7.7 GW. […] Read more
Rajasthan: SGEL Seeks Bids For 2,000 Ac Land For 500 MW Solar Project Updated On Tue, Oct 1st, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has released a tender seeking bids for the outright purchase or leasing of 2,000 acres of land located in the vicinity of the 765/400/220 kV Bikaner-IV Pooling Station in Rajasthan. With this project, SGEL aims to set up a solar plant of up to 500 MW. […] Read more
H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56% Updated On Tue, Oct 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […] Read more
Vikram Solar Joins IPO Line, Files DRHP Updated On Tue, Oct 1st, 2024 by Saurenergy Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […] Read more
