Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC Updated On Thu, Feb 8th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) announced today that it has entered into a binding framework agreement with CESC Limited, one of the largest power utilities in India, for the installation/supplies of 1,500 MW of wind capacity over the next 3-4 years. The deal is for IWL’s latest DF/3000/145 Wind Turbine Generators (WTGs), […] Read more
Buoyed With Higher Wind Capacity Additions In FY24, Suzlon Sees Bright Days Ahead Updated On Tue, Feb 6th, 2024 by Saurenergy Bolstered by the surged capacity additions of wind energy in 2023-24, Indian wind energy firm Suzlon is anticipating higher industry growth in India in the next two financial years. The firm’s top management shared this information during its latest investor call, which was held to discuss the Q3 results of FY24. The latest investors call […] Read more
Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption Updated On Mon, Feb 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […] Read more
Yearly Review: India Added More Coal Power Than Wind In 2023 Updated On Mon, Feb 5th, 2024 by Saurenergy The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […] Read more
JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar Updated On Fri, Feb 2nd, 2024 by Saurenergy Jaipur Vidyut Vikas Nigam Limited (JVVNL) has planned to decrease the timeline for net-metering procedures to 18 days to expedite the process of rooftop solar installations in the city. It comes at a time when the Union government has also put a thrust on boosting rooftop solar installations through the newly announced Pradhan Mantri Suryodaya Scheme. At […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
NHPC Invites Bid for 1200 MW Wind Plant in Central, South India Updated On Thu, Feb 1st, 2024 by Saurenergy Indian public sector hydropower company NHPC has invited bids for wind power projects for a contracted capacity of 1200MW from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) that will be conducted online. The last date for the submission of the bid is 28th February 2024 and the opening […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
