Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction Updated On Thu, Dec 19th, 2024 by Saurenergy GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […] Read more
NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
KPI Green Gets 100 MW Hybrid Project From Aether Industries Updated On Fri, Jul 19th, 2024 by Saurenergy KPI Green Energy Limited recently received a new order for a 100 MW hybrid captive solar power project under the captive power producer (CPP) segment from Aether Industries Limited. Aether Industries Limited is a chemical manufacturer in India focused on producing intermediates and chemicals involving complex and differentiated chemistry and technology core competencies. The projects […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project Updated On Fri, Jun 28th, 2024 by Saurenergy KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […] Read more
KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction Updated On Tue, Jun 11th, 2024 by Saurenergy Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
