O2 Power, Juniper Green, JSW and Datta Infra Win NTPC 1000 MW Hybrid Tender Award Updated On Mon, Jul 29th, 2024 by Saurenergy NTPC’s 1000 MW Hybrid power tender (NTPC Tranche VI) finally has a winners roster. Leading in terms of allotment is JSW Neo Energy ( 300 MW), O2 Power’s TEQ Green Power IX Pvt Limited ( 250 MW), Juniper Green Energy Private Limited (150 MW), and Datta Infra’s Adyant Enersol Private Limited with a 70 MW […] Read more
ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] 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
ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Solar Thermal Technologies In Focus At Conference Backed By MNRE, NSEFI Updated On Wed, Feb 14th, 2024 by Saurenergy New Delhi hosted the International Conference on Solar Thermal Technologies on Feb 12 and 13. Organised by the Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI), the conference focused on ways to integrate Solar Thermal and Concentrated Solar Power (CSP) storage with Renewable Technologies. Driven by dropping costs and […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
SECI Issues RFS for 1 GW Firm & Dispatchable Renewable Energy Updated On Wed, Nov 29th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for the selection of renewable energy developers for the supply of 1000 MW firm and dispatchable power from ISTS connected renewable energy (RE) power projects in India, under tariff-based competitive bidding (SECI-FDRE-V) on Build-Own-Operate (BOO) basis. Land and connectivity shall be in the scope […] Read more