Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group Updated On Wed, Aug 10th, 2022 by Saurenergy In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […] Read more
Tata Power Green Commissions 225 MW Project in Rajasthan Updated On Wed, Aug 3rd, 2022 by Saurenergy Tata Power Green Energy Limited (TPGEL), a wholly-owned subsidiary of Tata Power, has commissioned a 225MW Hybrid power project in Rajasthan. under a Power Purchase Agreement (PPA). The hybrid solar project’s generating power will be supplied to Tata Power, Mumbai Power Distribution. This PPA will be valid for 25 years in order to fulfill its […] Read more
Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more
Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space Updated On Tue, Aug 2nd, 2022 by Saurenergy Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […] Read more
Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
4 Years On, GoodWe Basks In The Success Of Cochin Airports Solar Project Updated On Wed, Jul 27th, 2022 by Saurenergy Cochin International Airport Ltd (CIAL) is the world’s first fully solar-powered airport. The eco-friendly initiative of CIAL has won international accolades including “The Champions of the Earth Award-2018” from the United Nations. CIAL claims that it is known for its commitment to the idea of sustainable development which prompts the effective utilization of green energy […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
MERC Turns Down Tata Power Petition Seeking Approval Of Part Commissioning Of Wind Power Project Updated On Fri, Jul 22nd, 2022 by Saurenergy The Petition Tata Power Ltd- Distribution (TPC- D) had filed a petition on March 31, 2022 seeking relaxation of the Request for Selection (RFS) norm and approval for the partial commissioning of 96.15 MW of wind power from a 225 MW Long Term Hybrid Project (RPO). The MERC Mandate As per the mandate of […] Read more
Smarten Aims to Deploy 5000 Solar Units By The End of FY 2022 Updated On Tue, Jul 19th, 2022 by Saurenergy By implementing more than three megawatts of projects in Punjab, Haryana, and portions of Uttar Pradesh by June 2022, Haryana-based power-backup product producers Smarten has been solidifying its position in the institutional market in India. The company says that the deployment will benefit institutions save on their electricity bills, contributing to the environment & spread […] Read more
