Missing. A Public Presence for Renewable Firms in India Updated On Mon, Dec 2nd, 2019 by Saurenergy Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
INOX Wind Flies on Back of 38 MW Wind Order from ReNew Updated On Mon, Nov 4th, 2019 by Saurenergy INOX wind, the listed supplier and operator of wind power plants, has announced a fresh order for 38 MW from Renew Power. The company in its press filing to the exchange said that it has bagged the order for the wind power project to be developed at Anjar in the State of Gujarat from ReNew Power […] Read more
At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction Updated On Fri, Nov 1st, 2019 by Saurenergy In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […] Read more
ReNew Power Commissions 250 MW Solar Plant in Bikaner Updated On Mon, Oct 28th, 2019 by Saurenergy Sumant Sinha has announced that the ReNew Power has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. ReNew Power Chairman and Managing Director Sumant Sinha has announced that the company has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. In a tweet, Sinha wrote that “on this auspicious day […] Read more
Sanjay Varghese to Head ReNew Power’s Solar Business Updated On Thu, Oct 17th, 2019 by Saurenergy ReNew Power has announced that it has promoted Sanjay Varghese to the post of Executive President and head the firms’ solar business India’s largest renewable energy IPP, ReNew Power has announced that it has promoted Senior Vice President Sanjay Varghese to the post of Executive President. In his new role Varghese will head the solar […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha Updated On Fri, Oct 4th, 2019 by Saurenergy Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […] Read more