BC Jindal Group To Enter Renewable Sector With 5 GW Target Updated On Thu, Aug 22nd, 2024 by Saurenergy The Rs 18,000 crore BC Jindal Group, has announced its foray into India’s renewable sector today. The group has announced plans to invest around US $ 2.5 billion in this sector in the next 5 years. The group becomes the latest to make a strong commitment to the sector, attracted by its green credentials as […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
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
NTPC-REL Launches Tender For 1200 MW Hybrid Project Across India Updated On Mon, Jul 1st, 2024 by Saurenergy National Thermal Power Corporation Renewable Energy (NTPC-REL), has released a tender, inviting bids for the selection of hybrid power generators on Build Own Operate basis. This project is undertaken to supply 1200 MW of power from ISTS-Connected wind-solar hybrid power projects anywhere in India. the last date for submitting bids is August 7, 2024. The […] Read more
GUVNL Awards Gensol 250 MW/500 MWh BESS Project Updated On Wed, Jun 12th, 2024 by Saurenergy Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […] 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
SJVN, Hero Future Energies Sign PPA For 120 MW AP Solar Project Updated On Wed, May 15th, 2024 by Saurenergy SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), recently signed a Power Purchase Agreement (PPA) with Hero Future Energies. The company singed this agreement with SJVN Limited for a 120 MW Firm and Dispatchable Renewable Energy (FDRE) project to be developed in Andhra Pradesh. Under the agreement, the project is expected to be commissioned […] Read more