SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit Updated On Fri, May 6th, 2022 by Saurenergy In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […] Read more
Renewables Face An Oil Slick Updated On Mon, Mar 28th, 2022 by Saurenergy A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […] Read more
Bharat Serums acquires 26% stake AMP Energy C&I One Updated On Mon, Mar 21st, 2022 by Saurenergy Bharat Serums and Vaccines (BSV), a leading biopharmaceutical company in India, has announced that it has acquired a 26% stake in AMP Energy C&I One. Though both the companies have not yet disclosed the financial details of the deal, the acquisition is meant to supply green energy for its manufacturing facility in Ambernath in Maharashtra. […] Read more
Amp Energy India appoints Ritesh Singhi as Senior Director – Procurement and SCM Updated On Mon, Mar 14th, 2022 by Saurenergy Amp Energy India has hired Ritesh Singhi as Senior Director – Procurement and Supply Chain Management (SCM). The company has said that its strengthening its management capabilities to capitalize on future growth opportunities as it continues to progress on an accelerated growth path. Singhi comes with more than 25 years of extensive experience in Project […] Read more
AMP Energy Hires Kapil Kasotia As COO, (Wind Hybrid and Storage) Updated On Tue, Mar 8th, 2022 by Saurenergy Amp Energy India, a leading renewable energy company has hired Kapil Kasotia as Chief Operating Officer (COO- Wind, Hybrid & Storage) in line with its growth in providing renewable energy solutions through wind, hybrid and storage. With a total portfolio of about 1.5GW+ spread across 15 states in the country, AMP energy is a key […] Read more
Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Bosch India gets a 30 MW Solar Project Through AMP Energy Updated On Tue, Jan 4th, 2022 by Saurenergy German MNC Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with leading renewable IPP Amp Energy India for its solar energy requirements. The solar project capacity is 30 MW and would be provided from Amp Energy […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
