Rajasthan Investor Summit 2024 Attracts High Renewable Commitments Updated On Tue, Oct 1st, 2024 by Saurenergy At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […] Read more
NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit Updated On Tue, Sep 10th, 2024 by Saurenergy NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […] Read more
Suzlon Appoints Gurpratap Boparai As Its New CEO (Manufacturing) Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Wind Energy Company Suzlon Group has appointed Gurpratap Boparai as its new Chief Executive Officer (CEO)-Manufacturing Bussiness. The wind turbine generator manufacturer submitted the details of his joining before the BSE its filings. Boparai joined the Pune-based company from July 1. Suzlon said that the newly inducted CEO (manufacturing) has expertise in market launches, […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
Tata Motors To Manufacture EVs in Sanand Factory From Coming April Updated On Tue, Jan 23rd, 2024 by Saurenergy Starting April this year, India’s EV giant Tata Motors is set to initiate the production of electric vehicles at the Sanand plant in Ahmedabad, Gujarat, that it had acquired from Ford India. The EV facility, obtained by Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, for Rs 725.7 crore in January 2023, will […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL Updated On Thu, Jun 15th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […] Read more
Supply Chain Startup Solar Ladder Secures Rs 11 Crore Funding Updated On Thu, May 4th, 2023 by Saurenergy In a key development that signifies the expanding solar power supply chain in India, Mumbai based Solar Ladder has announced that it has secured Rs 11 crore in seed funding. Solar Ladder is a platform that manages the supply chain for solar installation firms. The funds have been raised from Axilor Ventures, Titan Capital, DeVC, […] Read more
