Adani Green Energy Q2 Results Show Rs 102 Crore Profit Updated On Thu, Nov 14th, 2019 by Saurenergy Adani Green Energy recently posted its financial results for Q2, reporting a consolidated net profit of Rs 102 crore Adani Green Energy recently posted its financial results for the second quarter (Q2) of the fiscal, reporting a consolidated net profit of Rs 102 crore for the September quarter of 2019-20. The company reported a loss of […] Read more
GAIL Tenders for 3.2 MW Rooftop Solar Projects Updated On Mon, Nov 11th, 2019 by Saurenergy GAIL has issued a tender for setting up of solar rooftop projects with a total capacity of 3.2 MW, across various premises of the firm in India. The Gas Authority of India (GAIL) has issued a tender, inviting bids from eligible parties for the setting up of solar rooftop projects with a total capacity of 3.2 […] Read more
REIL Tenders for 2 MW Solar Energy Plant Updated On Fri, Nov 8th, 2019 by Saurenergy REIL has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant in Rajasthan. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant at the MES Barmer Jalipa Station, Rajasthan. The […] Read more
11 GW Solar & 6 GW Wind, RE Installations in India to Peak Next Year Updated On Fri, Nov 8th, 2019 by Saurenergy A new report has predicted that with 11 GW of new solar additions and 6 GW of wind capacity, renewable energy installations in India will peak in 2020 The utility-scale solar segment in India saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
SunAlpha Energy Offers Financing Scheme for Rooftop Solar Plants Updated On Mon, Nov 4th, 2019 by Saurenergy During the initial launch of the facility, SunAlpha Energy wants to target around one thousand homes and businesses with rooftop solar plants. With an aim to make the adoption of solar power easier on the pocket, Rajasthan-based SunAlpha Energy on Monday has launched an easy EMI financing scheme for rooftop solar power plants. During the […] Read more
SN Sahai Takes Charge as Power Secretary; Garg to Begin New Innings Updated On Fri, Nov 1st, 2019 by Saurenergy Now, Garg is mulling to kick off his new innings in the economic and financial policy work outside Government. Sanjeev Nandan Sahai on Friday has assumed charge as Secretary in the Ministry of Power in New Delhi. He has been appointed in place of Subhash Chandra Garg, who retired on October 31, 2019. Prior to this, Sahai, who […] Read more
Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat Updated On Thu, Oct 31st, 2019 by Saurenergy Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […] Read more