Actis Backed Blupine Energy Raises ₹1,787 Crore from NaBFID Updated On Wed, Mar 26th, 2025 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of ₹1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance operational efficiency, and fuel portfolio expansion. The transaction was structured […] Read more
Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint Updated On Mon, Mar 24th, 2025 by Saurenergy Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […] Read more
BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project Updated On Fri, Dec 20th, 2024 by Saurenergy Gurugram-based BluPine Energy recently signed a long-term Power Purchase Agreement (PPA) with Suprajit Engineering to enhance its renewable power supply. Suprajit Automotive Private, the company’s subsidiary, entered into a Shareholders’ Agreement (SHA) with BluPine Energy Private Limited (BluPine) and Solarcraft Power India 26 Private Limited (Solarcraft 26). The company added, “The Share Subscription Agreement (SSA) […] Read more
BluPine Commissions Its First 120 MW Solar Project In Gujarat Updated On Wed, Sep 25th, 2024 by Saurenergy Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […] Read more
SAEL, NTPC & BluPine Bag SECI’s 500 MW Solar Tender Updated On Tue, Aug 13th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has now awarded 500 MW of solar projects to three solar power developers in India. The central tendering authority has announced the results of the tender recently. As per the details, these tenders were allocated to SAEL Industries, NTPC Renewable Energy and BluPine Energy. SAEL and NTPC Renewable Energy […] Read more
BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra Updated On Mon, Aug 5th, 2024 by Saurenergy BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […] Read more
BluPine Energy Secures Financial Closure For Gujarat Solar Project Updated On Mon, Jul 22nd, 2024 by Saurenergy BluPine Energy, a renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam Limited (GUVNL). It was achieved through securing debt financing from State Bank of India (SBI). The […] Read more
BluPine Energy and Dalmia Cements Ink Solar Project Deal Updated On Wed, Jun 12th, 2024 by Saurenergy BluPine Energy has announced that it has signed a power purchase agreement (PPA) with Dalmia Cements Limited (Bharat) to set up a 46.8 MWp solar power project in Karnataka. Once completed, this project is expected to generate approximately 93 million units of electricity per year, effectively offsetting more than 85 thousand tons of carbon dioxide […] Read more
KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction Updated On Tue, Jun 11th, 2024 by Saurenergy Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […] Read more
