IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
Green Stocks July 2: Shakti Pumps Stock Holds Steady With 5% Growth Updated On Tue, Jul 2nd, 2024 by Saurenergy A grey day prevailed in the stock market today with only four out of 11 stocks facing upward growth. Among the companies that registered positive growth today was Shakti Pumps whose stock price climbed 5%, followed by Inox Wind Energy stock with a 2.08% rise. Borosil Renewable also witnessed a 0.37% increase in its stock […] Read more
KLK Ventures Bags 5 MW Allotment From UPNEDA For Solar Projects Updated On Tue, Jul 2nd, 2024 by Saurenergy Noida-based KLK Ventures Private Limited has been selected by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) as one of the solar power developers for an ambitious 500 MW grid-connected rooftop solar photovoltaic (PV) project. This project will be implemented on government, semi-government buildings, and other institutions across Uttar Pradesh under the Renewable […] Read more
Green Stocks July 1: Waaree, Shakti Pumps Stock Prices Up Updated On Mon, Jul 1st, 2024 by Saurenergy The stock prices of Waaree Renewable and Shakti Pumps today witnessed the highest surge of 5 percent. Other green energy stocks of companies like Inox Wind Energy, Gensol Engineering also witnessed a surge in their overall stock prices. The only companies which reported a decline in their stock prices included KPI Green Energy, Tata Power […] Read more
Waaree Receives 900 MW Order From Serentica For Project In Rajasthan Updated On Mon, Jul 1st, 2024 by Saurenergy Mumbai-based Waaree Energies Ltd., India’s largest solar PV modules manufacturer with an aggregate installed capacity of 12 GW as of June 30, 2023 has received a 900 MW module supply deal from Serentica Renewables India Private Limited. Waaree Energies received this contract for a project located in Fatehgarh, Jaisalmer, Rajasthan, India. This project is expected […] Read more
NTPC-REL Launches Tender For 1200 MW Hybrid Project Across India Updated On Mon, Jul 1st, 2024 by Saurenergy National Thermal Power Corporation Renewable Energy (NTPC-REL), has released a tender, inviting bids for the selection of hybrid power generators on Build Own Operate basis. This project is undertaken to supply 1200 MW of power from ISTS-Connected wind-solar hybrid power projects anywhere in India. the last date for submitting bids is August 7, 2024. The […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25 Updated On Mon, Jul 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […] Read more
NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda Updated On Fri, Jun 28th, 2024 by Saurenergy National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […] Read more
