NTPC Invites Bids For 1.2 GW Solar Project With Energy Storage Updated On Tue, Jan 28th, 2025 by Saurenergy NTPC Renewable Energy has issued a tender to select solar power generators for a 1.2 GW solar + BESS project. The project includes a 600 MW/2400 MWh (600 MW × 4 hours) energy storage system (ESS) to be located anywhere in India (SOLAR-ESS-01). NTPC has invited bids until February 27, 2025. The tender stated, “The […] Read more
GUVNL Issues 250 MW Wind Energy Tender With Greenshoe Option Updated On Mon, Jan 20th, 2025 by Saurenergy GUVNL recently issued a 250 MW grid-connected wind power project tender to be set up anywhere in India (Phase IX). The project also offers an additional ‘Greenshoe Option’ of up to 250 MW. It’s inviting bids up till February 11, 2025. The successful bidder under this arrangement can also consider entering into a Power Purchase […] Read more
CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity Updated On Wed, Jan 8th, 2025 by Saurenergy India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […] Read more
SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble Updated On Fri, Jan 3rd, 2025 by Saurenergy In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
Why The NTPC Green Energy IPO Could Be A Turning Point For Green Energy Related IPOs Updated On Thu, Nov 14th, 2024 by Saurenergy After a journey of over two years, the NTPC Green Energy IPO is finally here. It is interesting that despite the long anticipation and preparations behind this mega Initial Public Offering (IPO) of Rs 10,000 crores ($1.18 billion), the latest IPO still gives one a feeling of a rushed effort, thanks to the many exemptions […] Read more
Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender Updated On Sat, Nov 9th, 2024 by Saurenergy NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. Only 760 MW of the 1.2 GW was […] Read more
Energy Storage All Charged Up For A Boom In India, Says SBI Caps Updated On Wed, Nov 6th, 2024 by Saurenergy A new report from Investment bank SBI Caps on Energy Storage Systems paints a bright picture for the future. Building on the inevitability of energy storage requirements as the share of renewable energy in the grid rises, the report takes a deep look at the technologies likely to emerge winners, the size of the opportunity, […] Read more
KP Green Energy Secures 1.0037 GW Order From GUVNL Updated On Tue, Nov 5th, 2024 by Saurenergy KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL). The Gujarat-based company will be responsible for providing a range of services, including Engineering, […] Read more
