IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8% Updated On Fri, Jan 24th, 2025 by Saurenergy Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […] Read more
FY 2023-24: SECI Snags Excellent Rating With Over 73 GW Awarded Capacity Updated On Fri, Jan 10th, 2025 by Saurenergy In 2024, Solar Energy Corporation of India Ltd (SECI) exceeded a cumulative awarded renewable generation capacity of 73 GW as of December 31. In the financial year 2023-24, the company saw a substantial 22.13% increase in its annual trading volume, reaching a total of 42.935 billion units. SECI recorded a total income of Rs. 13,135.80 […] Read more
Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps Updated On Mon, Jan 6th, 2025 by Saurenergy In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
Lender’s Engineer – Renewables Updated On Thu, Dec 19th, 2024 by Saurenergy Capable of handling the project related to solar, wind, battery energy storage system (BESS) as a project manager and will be responsible for all the internal and external communication related to the Project. Overview and In-depth knowledge of wind, solar and BESS projects. Capable of handling Owners Engineering (Review of Design Documents), Detailed engineering design […] Read more
RRUVNL Revises Its Tender For 500 MW Standalone BESS Updated On Tue, Dec 3rd, 2024 by Saurenergy The Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has revised the tender document for its proposed Battery Energy Storage System (BESS) project. Initially, RRVUNL had issued a tender inviting developers to establish a 500 MW standalone BESS. The firm has now released a separate corrigendum for the tender. The revised tender documents address the bidders’ […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance Updated On Mon, Sep 16th, 2024 by Saurenergy SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […] Read more
