Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge Updated On Tue, Apr 1st, 2025 by Saurenergy Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency. The report highlighted […] Read more
BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
India’s Wind Energy Capacity Touches 48.5 GW Updated On Mon, Mar 24th, 2025 by Saurenergy India’s cumulative wind energy capacity has reached 48.5 GW, according to the latest data from the Central Electricity Authority (CEA). The CEA’s most recent monthly report highlighted the addition of new wind energy capacities, indicating steady growth in the sector. As per the report, the country added 223 MW of new wind energy capacity in […] Read more
FY25: India Set To Create New Record In Solar Installations Updated On Mon, Mar 24th, 2025 by Saurenergy The Indian renewable energy market is on track to set a new record in 2024-25 (FY25). According to the latest data from the Central Electricity Authority (CEA), India has already achieved an unprecedented level of solar installations in the first 11 months of this fiscal year. As per CEA’s latest report, India’s solar energy capacity […] Read more
Tata, JBM & Switch Mobility Hold 88% of India’s E-Bus Market Updated On Wed, Mar 19th, 2025 by Saurenergy Electric buses currently account for 4% of India’s annual bus registrations, with 3,644 units sold in FY24, reflecting an 81% year-on-year growth. The transition to cleaner fuels has decreased conventional diesel and petrol buses’ market share from 97-98% a decade ago to 90% in FY24, said CareEdge Ratings. It also predicts the electric bus adoption […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
India Must Aim For 600 GW Of Clean Energy By 2030: CEEW Updated On Wed, Mar 12th, 2025 by Saurenergy India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […] Read more
ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects Updated On Wed, Mar 5th, 2025 by Saurenergy ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […] Read more
Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector Updated On Tue, Mar 4th, 2025 by Saurenergy Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year. For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The […] Read more
