Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others Updated On Wed, Mar 26th, 2025 by Saurenergy TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […] Read more
NTPC Hits 59.4 GW Standalone Capacity With New PV Project Updated On Wed, Mar 26th, 2025 by Saurenergy NTPC today announced the commissioning of its 245 MW Nokh Solar Project in Rajasthan. In its latest regulatory filing, the company said, “With this, the total installed and commercial capacity of NTPC, on a standalone and group basis, has now reached 59,413 MW and 77,806.50 MW, respectively.” NTPC achieved this milestone after operationalizing the third […] Read more
K2 Infragen Secures Order To Develop 68 MW Project In Gujarat Updated On Wed, Mar 26th, 2025 by Saurenergy Haryana-based K2 Infragen, an EPC company, has secured a solar EPC project (With the supply of BOS material) contract of 67.61 Mega Watt DC in Gujarat. This solar project is part of a 450 MWp project being developed by Coal India Limited in Khavda, Gujarat. K2 Infragen gets this contract from KPI Green Energy Limited. […] Read more
IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds Updated On Tue, Mar 25th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […] Read more
BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr Updated On Tue, Mar 25th, 2025 by Saurenergy The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […] Read more
Delhi Govt Allocates Rs 50cr For PM Surya Ghar ‘Top Up’ Updated On Tue, Mar 25th, 2025 by Saurenergy Delhi Chief Minister Rekha Gupta today presented her maiden budget for the Union Territory. In her speech before the State Assembly, the CM talked about making the region self-sufficient in energy. She also talked about boosting the growth of solar energy in the state through the new Delhi Budget. In her speech, Gupta talked about […] Read more
Senvion Announces Crossing 1 GW WTG Capacity In India Updated On Tue, Mar 25th, 2025 by Saurenergy Wind turbine manufacturer Senvion today announced crossing 1 GW of wind turbine manufacturing capacity in India. Meanwhile, the firm also announced completing the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu). “Senvion runs its business with Make in India […] Read more
