ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects Updated On Thu, Apr 3rd, 2025 by Saurenergy ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […] Read more
Swaraj Tractors, Mahindra To Build Punjab’s Largest Solar Captive Project Updated On Wed, Apr 2nd, 2025 by Saurenergy Swaraj Tractors, a division of Mahindra Group, has partnered with Mahindra Susten, the Group’s clean-tech arm, to develop Punjab’s largest solar group captive project—a 26-megawatt (MW) solar installation in Bathinda district. The project, developed by Mahindra Susten, will supply renewable energy to four Swaraj Tractors manufacturing facilities in Mohali and Dera Bassi. It is expected […] Read more
NTPC Secures Highest VGF Support For CPSU Scheme Updated On Thu, Mar 13th, 2025 by Saurenergy NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs. The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […] Read more
PM-KUSUM Fund Allocation Rises, Maharashtra Sees Major Surge Updated On Mon, Feb 10th, 2025 by Saurenergy India witnessed an increase in funds allocated under the PM-KUSUM scheme until FY 2024-25 (as of 29.01.2025), reaching a cumulative ₹1,961.39 crore. Some of the major beneficiary states that saw a jump in allocation under the PM-KUSUM scheme during this period include Gujarat, which witnessed an increase from ₹28.72 crore in FY 2023-24 to ₹47.96 […] Read more
Solidus Techno Power Announces 110 MWp Captive Solar Project Updated On Wed, Jan 8th, 2025 by Saurenergy Solidus Techno Power Pvt. Ltd, a solar EPC company in Punjab, announced a collaboration with Jogindra Group, a company working in Punjab’s manufacturing industry. The partnership is meant to develop a 110 MWp solar power project. The 110 MWp captive open-access ground-mounted solar project is designed to cater to the diverse energy needs of Jogindra […] Read more
SJVN Opens Bids For 18 MW Rooftop Solar Project On Govt Buildings Updated On Thu, Jan 2nd, 2025 by Saurenergy SJVN recently released a tender to select Solar Rooftop Power Developers to set up 18.00 MW grid-connected rooftop solar PV power projects (without battery storage). SJVN is accepting bids until January 20, 2025. This project falls under the “PM Surya Ghar: Muft Bijli Yojana” scheme and will be located on 15 Union Government buildings across […] Read more
Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm Updated On Wed, Dec 18th, 2024 by Saurenergy Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […] Read more
22 States Issued Green Open Access Regulations, Parliament Told Updated On Mon, Dec 16th, 2024 by Saurenergy The Green Energy Open Access (GEOA) Rule, 2022, aimed at ensuring access to affordable, reliable, sustainable, and green energy for all, was notified on June 6, 2022. The GEOA has now expanded its footprint across 22 states, according to recent data shared by the Minister of State for New and Renewable Energy, Shripad Yesso Naik, […] Read more
81% Of PM-KUSUM (Comp B) Capacities Come From 5 States Updated On Fri, Nov 29th, 2024 by Saurenergy A latest data released by the Union government before the Parliament revealed that a lion’s share of the PM-KUSUM scheme (Component-B) comes from five states alone. The majority of these states are based in the western part of the country. Component B of the Union government schemes mandates the installation of decentralised off-grid solar pumps. […] Read more
