Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
Suzlon Reports Highest Ever Orders With India’s Rise On Wind Energy Installations Updated On Fri, May 31st, 2024 by Saurenergy Indian Wind Turbine Manufacturer-Suzlon Energy is now confident of dominating the Indian wind market. In its latest investors call, the management expressed confidence on its position amid the presence of foreign wind energy companies. The firm attributed this to their existing clients and prices. When talked about the competitions from companies like Vestas or Envision, […] Read more
JSW To Make Alloy-Coated Steel For Domestic Renewable Energy Sector Updated On Fri, May 31st, 2024 by Saurenergy JSW Steel is bringing Zinc-Magnesium-Aluminium alloy-coated steel products into the domestic Indian market which is expected to spur demand for its product JSW Magsure from the domestic renewable energy sector but also from other allied end uses. So far the coated steel was imported from foreign nations while renewable energy companies purchase it at a […] Read more
NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra Updated On Wed, May 29th, 2024 by Saurenergy Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […] Read more
Gensol Engineering Reports 310% Increase In Net Profit In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Gensol Engineering today released its financial results for Q4 and also for the financial year. The renewable energy company has now reported a 310 percent increase in its net profit in Q4 on a Year-on-Year (basis). The filings of the firm before the BSE said that the company reported a total profit after tax of […] Read more
Alpex Solar Net Profit Increases 680% YoY After IPO Updated On Tue, May 28th, 2024 by Saurenergy Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […] Read more
Borosil Renewables Reports 21% Jump In Revenues In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […] Read more
Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits Updated On Mon, May 27th, 2024 by Saurenergy Indian power behemoth NTPC Limited has now come up with its financial results for Q4 and FY24. The latest audited consolidated financial results for Q4 revealed that the company’s total revenues increased by nine percent on a Year-on-Year (YoY) basis. The results indicated that while the company’s Q4 revenues stood at Rs 48,816.55 crore in […] Read more