ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […] Read more
NTPC Issues Tender For 1200 MW FDRE Projects Across India Updated On Fri, May 31st, 2024 by Saurenergy NTPC invited online bids for the selection of renewable energy (RE) power generators for the supply of 1200 MW firm and dispatchable power from inter-state transmission system (ISTS) connected Renewable Energy (RE) power projects anywhere in India on a built-own-operate basis. Tender Cost: Rs. 22,500 Document Sale Start Date: 07/06/2024 at 09:00 Closing Date: 28/06/2024:at […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
ACME Solar Commissions 1 GW Solar Projects In Rajasthan Updated On Thu, Dec 19th, 2024 by Saurenergy Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […] Read more
Jevargi, Juniper, Avaada, and ACME Secure 1.2 GW FDRE Tender Updated On Thu, Dec 12th, 2024 by Saurenergy NHPC, has announced the winners of its 1.2 GW Firm and Dispatchable Renewable Energy (FDRE) VI auction. It awarded the bids to four winners: Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings. The tender for this project was released in June this year, and the results have been […] Read more
SJVN Seeks Developers For 6,000MWh RE Projects With Energy Storage System Updated On Mon, Dec 9th, 2024 by Saurenergy Satluj Jal Vidyut Nigam (SJVN), a designated Renewable Energy Implementing Agency (REIA), has invited bids to build a renewable energy power project with energy storage system (ESS). The developer for this project must supply 6,000 MWh (1,500 MW x 4 Hours) of assured peak power from renewable energy (RE) power projects integrated with an ESS. […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
ACME Solar Set To Bring Its Maiden Wind Project Soon Updated On Mon, Dec 2nd, 2024 by Saurenergy ACME Solar, a renewable energy project developer, is transitioning beyond its solar-focused roots. The company is gearing up to commission its first-ever wind energy project, marking a significant step in its diversification journey. In a recent investors’ call, the company’s top management shared insights into its evolving strategy and plans for the future. Transition to […] Read more
