Solar Developer Gets Relief At APTEL On SCOD Extension Updated On Tue, Feb 11th, 2025 by Saurenergy Solaire Urja Private Limited, a Pune based solar developer appears to have got some much needed relief at APTEL, after the Appellate Tribunal chose to go with the developer’s contention on a case that was gone the other way at CERC. Case Overview: Solaire Surya Urja had gone to APTEL to challenge the order by […] Read more
KPI Green Secures 15.90 MW Solar Plant Under CPP Segment Updated On Mon, Feb 10th, 2025 by Saurenergy The Gujarat-based KPI Green’s subsidiary, Sun Drops Energia Private Limited, has secured a letter of award (LoA) for 15.90 MWDC solar power projects under the ‘Captive Power Producer (CPP)’ segment. The KPI Green mentioned in a regulatory filing, “The company secured the award from seven entities, namely, Mexo Fiber Pvt. Ltd., Rayons, Maharaja Industries, Gautam […] Read more
Inox Wind’s New Venture Inox Solar To Bid For Govt Tenders Updated On Mon, Feb 10th, 2025 by Saurenergy Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […] Read more
PM-KUSUM Fund Allocation Rises, Maharashtra Sees Major Surge Updated On Mon, Feb 10th, 2025 by Saurenergy India witnessed an increase in funds allocated under the PM-KUSUM scheme until FY 2024-25 (as of 29.01.2025), reaching a cumulative ₹1,961.39 crore. Some of the major beneficiary states that saw a jump in allocation under the PM-KUSUM scheme during this period include Gujarat, which witnessed an increase from ₹28.72 crore in FY 2023-24 to ₹47.96 […] Read more
H.G. Infra Sets Up Subsidiary To Expand Into BESS Sector Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […] Read more
APTEL’s Relief To ACME Over COVID-Linked ‘Force Majeure’ Updated On Thu, Feb 6th, 2025 by Saurenergy The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […] Read more
Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3 Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […] Read more
With A Historic Order Book, Suzlon Picks Pace In Executions Updated On Tue, Feb 4th, 2025 by Saurenergy Indian wind turbine manufacturer Suzlon Energy is in high spirits, buoyed by its historic order book. The company claims to have executed a significant quantum of orders in the third quarter (Q3) of FY25. In its latest interaction with investors, the top management briefed them on the company’s financial health and future prospects. JP Chalasani, […] Read more
Adyant Enersol, UPC Renewables Win SJVN’s 170 MW Wind Energy Project Updated On Thu, Jan 30th, 2025 by Saurenergy SJVN has announced Adyant Enersol (Datta Infra) and UPC Renewables as the winners of its 600 MW wind energy project. These winners are expected to develop inter-state transmission system (ISTS)–connected wind power projects on a build-own-operate basis. The tender for this project was released in March 2024, and the results were announced after 10 months. […] Read more
