NTPC Concall- Spotlight On Aggressive Renewables Plans Updated On Tue, Jun 29th, 2021 by Saurenergy NTPC’s revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the group’s Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing […] Read more
AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
Adani Sets Plans Rolling for Wind Turbine Manufacturing Updated On Wed, Jun 9th, 2021 by Saurenergy Adani Enterprises Ltd (AEL) on Tuesday infirmed the stock exchanges about having incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said a fully owned subsidiary, Mundra Windtech Limited (MWL) was incorporated on on June 7, 2021. On the objects and effects of acquisition/incorporation for the acquisition of […] Read more
BYD Backed Olectra Greentech Wins Bid for 100 E-Buses Updated On Tue, May 25th, 2021 by Saurenergy The BYD partnered electric buses (E-buses) maker Olectra Greentech announced on Monday that along with its sister company Evey Trans Pvt Ltd, it has won the bid for 100 electric buses. The consortium of both the companies has won the bid to supply 100 electric buses to a State Transport Corporation (STC) in the country […] Read more
SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP Updated On Mon, May 24th, 2021 by Saurenergy Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
In a Tumultuous Year, Utility-Scale Solar Installations Decline 39% in FY21 Updated On Thu, May 20th, 2021 by Saurenergy According to a new report by JMK Research, about 3.5 GW of new utility-scale solar capacity was added in India in the fiscal year 2021 (April 2020-March 2021). Compared to the previous year (FY20), installations were about 39% lesser. While the wind capacity of the country increased by 1.5 GW in FY2021, it was found […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
