Waaree Appoints Amit Paithankar CEO Of Indosolar Updated On Tue, Nov 12th, 2024 by Saurenergy Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […] Read more
Rajasthan’s Struggles With PM Surya Ghar Scheme Updated On Fri, Nov 8th, 2024 by Saurenergy Despite being known for its high solar irradiation and hosting India’s largest solar park, Rajasthan seems to be struggling with the implementation of the PM Surya Ghar scheme. The slow pace of installations since the scheme’s launch has affected the state’s reputation as a leader in renewable energy. This underperformance is in stark contrast to […] Read more
SECI Imposes Bar On Anil Ambani’s Reliance Power For 3 Years Updated On Thu, Nov 7th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now issued an official notification to bar Anil Ambani-led Reliance Power, Reliance NU BESS, and any of its subsidiaries from participating in tenders for the next three years. This comes after investigations revealed the alleged use of forged documents to win SECI tenders by the firm. This […] Read more
Waaree RTL Q2 Results- Revenue Up 250%, PAT Up 160% YoY Updated On Tue, Nov 5th, 2024 by Saurenergy BSE Listed Waaree Renewable Technologies Limited (Waaree RTL), the EPC arm of the Waaree group, has released its Q2, FY25 results. Keeping up with the trend for the past few quarters, the firm has declared yet another strong set of numbers, with operational revenues coming in at Rs 524.4 cr for the quarter, as compared […] Read more
Shakti Pumps Q2 Analyst Call- 5 Main Takeaways Updated On Tue, Nov 5th, 2024 by Saurenergy Fresh off a record Q2 performance, the management of Shakti Pumps tackled analyst questions post the results announcement, offering some interesting insights into the firm and the progress of the segment as well. For the record, in the September quarter, the firm recorded a turnover of Rs 635 crores, with operating profit coming in at […] Read more
Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders? Updated On Tue, Nov 5th, 2024 by Saurenergy India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […] Read more
Bridgeway Power Launches First Virtual Net Metering Solar Plant In Delhi Updated On Mon, Nov 4th, 2024 by Saurenergy Bridgeway Power, a residential and commercial solar installation company, recently installed the first Virtual Net Metering (VNM) solar plant under BRPL (BSES Rajdhani Power Limited) of 21.60kW capacity in Delhi. This project has opened new avenues for energy sharing and cost savings across multiple locations. The project uses a bi-facial panels and micro-inverter technology. VNM […] Read more
SECI Tenders For 1.2 GW RTC Renewable Energy Projects Across India Updated On Mon, Nov 4th, 2024 by Saurenergy SECI, has issued a tender to select renewable power developers to supply 1.2 GW of Round-the-Clock (RTC) power for renewable projects across India. The last date for bids submission is 16th December. With a commissioning time of 24 months, the 4 hour RTC supply will need to maintain a Demand Fulfillment Ratio (DFR) of 80% […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
