NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
ACME, IHI Corp Collaborate To Explore Opportunities In Green Hydrogen Updated On Tue, Feb 21st, 2023 by Saurenergy Gurugram headquartered diversified renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation have announced the signing of an MoU to jointly explore the potential business opportunities of green hydrogen. As per ACME, the intent of this MOU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the […] Read more
ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Manager – Business Development – Distributed Generation(DG) Updated On Fri, Jan 13th, 2023 by Saurenergy We are looking to hire an experienced BD professional based out of Delhi to support our D.G. business in Northern Region. Acquisition of new customers for on-site solar projects (Roof-top/Ground Mounted). Work on pre-sales activities starting with understanding client requirements, site feasibility study and proposal preparation. Actively tracking Govt. tenders and attending the pre-bid meetings. […] Read more
Repowering Old Wind Turbines Could Usher INR 40,000 Cr Investments Updated On Thu, Jan 12th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently made the announcement it will be looking at the repowering of wind power plants that are old. Wind power plants that boast of more height have more height and efficiency hold the potential to lure in INR 40,000 crore of investments. This, in turn, could go […] Read more
Delhi Solar Policy 2022- A Model For All MegaCities? Updated On Thu, Jan 5th, 2023 by Saurenergy The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself. A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […] Read more
IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market Updated On Wed, Dec 28th, 2022 by Saurenergy International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […] Read more
Solar Roofs: Countering Ecological Concerns of Installing Solar Farms in India? Updated On Thu, Nov 17th, 2022 by Saurenergy When one speaks of solar rooftops, generally an image of solar panels on private residences or small commercial buildings comes to mind. However, solar roofs are increasingly becoming a crucial source of generating renewable rooftop solar power worldwide. In addition to its solar rooftop installations on individual residences, India also needs to realise the potential […] Read more
