Waaree Energies Secures 280 MW Order From Mahindra Susten Updated On Thu, Jun 20th, 2024 by Saurenergy Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […] Read more
Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
Rajasthan Solar Company Allocated Land For 3 GW Park Updated On Tue, Jun 18th, 2024 by Saurenergy Rajasthan has allocated land to establish a 3 GW solar power plant in the western part of the state. The land has been allocated to a state company in the Bikaner district. In the Bikaner district, 4,780 hectares (ha) of land have been given to the Rajasthan Solar Park Development Company for the construction of […] Read more
Waaree Energies Supplies 68 MW Solar Modules For Mahagenco Project Updated On Tue, Jun 11th, 2024 by Saurenergy Waaree Energies Limited, manufacturer of solar PV modules with an installed capacity of 12 GW, as of June 30, announces the successful delivery of 68 MW of its Bi-55 bifacial dual glass framed modules to Gensol Engineering Limited. These modules, delivered in March 2024, are currently being commissioned for the Mahagenco solar PV project. The […] Read more
Waaree Energies To Supply 445 MW Solar Modules to Statkraft Updated On Thu, May 23rd, 2024 by Saurenergy Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […] Read more
GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro Updated On Mon, May 20th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […] Read more
GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green Updated On Wed, May 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants Updated On Fri, Apr 19th, 2024 by Saurenergy Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […] Read more