Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
Green Stocks Oct 7: Red Monday For Green Energy Stocks Updated On Mon, Oct 7th, 2024 by Saurenergy On a day when the broader market continued to slide, continuing from the losses suffered last week, the small-cap and midcap space, where a majority of green energy stocks reside, suffered heavy losses. That is evident when you see names like Waaree RTL, Shakti Pimps, and SWREL hit the lower circuits. Even heavyweights Tata Power, […] Read more
RERC Notifies Draft Green Energy Open Access Regulations 2024 Updated On Wed, Oct 2nd, 2024 by Saurenergy Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […] Read more
NTPC Green Energy plans $1.2 billion IPO Updated On Thu, Sep 19th, 2024 by Saurenergy State-owned NTPC’s green arm, NTPC Green Energy, has filed draft papers for an initial public offering (IPO) to raise about $1.2 billion (about ₹10,000 crore). NTPC Green Energy, floated in 2021, was set up with the express purpose of a dedicated approach to green energy capacity creation for NTPC, which has a target of 60 […] Read more
Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy Updated On Fri, Sep 13th, 2024 by Saurenergy This week closed with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week. Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW […] Read more
Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge Updated On Fri, Sep 13th, 2024 by Saurenergy Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […] Read more
Maharashtra Discom Issues Green Energy Open Access Norms Updated On Tue, Sep 10th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now issued guidelines for the roll out of green energy open access in the state. This comes after the Maharashtra Electricity Regulatory Commission had notified its MERC (Distributed Open Access) (Second Amendment) Regulations 2023. The latest regulation allows consumers with contracted demand of 100 kw or […] Read more
