Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more
NLC India Plans To Go For IPO For Its Renewable Arm In FY26 Updated On Thu, Nov 14th, 2024 by Saurenergy Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […] Read more
Green Stocks Nov 13: Acme Makes Tepid Debut, Reshuffle In Green Pack Updated On Wed, Nov 13th, 2024 by Saurenergy On a big day for green energy developers, one of the pioneering firms, Acme Solar finally listed on the bourses today. When we last checked, the price of Rs 255.15 which was below its cut off price of Rs 289, which will mark one of those rare occasions when a green energy stock has listed at […] Read more
NVVN To Solarise Premises Of Assam Rifles In Northeast Updated On Wed, Nov 13th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has now issued a tender seeking developers to develop rooftop solar projects for Assam Rifles. As per the plan, the entity will develop rooftop solar in 26 locations spread in different states of the northeast. The NVVN tender mandated the developers to solarise the […] Read more
Datta Power Plans To Bid For PSPs, Hydro Projects Soon Updated On Mon, Nov 11th, 2024 by Saurenergy Renewable energy company Datta Power Infra is now all set to jump onto the bandwagon of developing Pumped Storage Projects (PSPs) and hydro projects. The top management of the firm said that it is likely to bid for these projects from the next quarter. The company recently won a tender from NTPC for a 700 […] Read more
Green Stocks Nov 7: Stocks Dragged Down With Market Updated On Thu, Nov 7th, 2024 by Saurenergy Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […] Read more
Datta, Gentari, Juniper, EG Energy, Sunsure Secure SJVN’s 1.2 GW Hybrid Project Updated On Wed, Nov 6th, 2024 by Saurenergy SJVN has announced that Datta Infra, Gentari India, Juniper Green Energy, EG Energy, and Sunsure Energy are the winners of its 1200 MW ISTS-connected Wind Solar Hybrid Tender auction. These companies secured the project at a tariff of Rs 3.19/kWh. The tender for this project was released in June of this year, and the results […] Read more
Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist Updated On Mon, Nov 4th, 2024 by Saurenergy On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […] Read more
