BSE India INX Launches Dedicated Green Bonds Trading Platform Updated On Thu, Jun 13th, 2019 by Saurenergy BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […] Read more
Adani Gets MERC Approval to Initiate Bidding on 700 MW Solar Auction Updated On Thu, Apr 11th, 2019 by Saurenergy The state commission permitted the change after AEML filed a petition seeking the deviation from the standard bidding guidelines. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved Adani Electricity Mumbai Limited’s (AEML) petition to initiate the bidding process for the procurement of 700 MW of solar power. The commission has ordered […] Read more
Adani Begins Solar Panel Retailing in Rajasthan Updated On Wed, Mar 6th, 2019 by Saurenergy The company plans to collaborate with a channel partner for every state to expand its retail footprint across the country. The Adani Group’s solar manufacturing arm has ventured into the retail business of solar panels in the state through channel partner Ahinsa Solar. Chief Marketing Officer of Adani Solar, Prashant Mathur, said the company plans to collaborate with […] Read more
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
Inox Wind Receives LOI from Adani to Develop its 501.6 MW Wind Project Updated On Thu, Jan 24th, 2019 by Saurenergy The project is scheduled to be executed over the next 15 months at Kutch District in the state of Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has received a Letter of Intent (LOI) from Adani Green Energy, a part of the Adani group and a leading Independent Power Producer (IPP) […] Read more
Adani Issues RfS for Purchase of 700 MW of Solar Power Updated On Wed, Jan 23rd, 2019 by Saurenergy The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […] Read more
Adani Energy Acquires 100% Stake in Kodangal Solar Parks Updated On Tue, Jan 15th, 2019 by Saurenergy The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital […] Read more
Government of Andhra Pradesh Signs MoU With Adani Group Updated On Mon, Jan 14th, 2019 by Saurenergy In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project would be […] Read more