Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23 Updated On Tue, Apr 30th, 2024 by Saurenergy Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […] Read more
EMobility Firm BluSmart Crosses Rs 500 Crore In Annual Run Rate Updated On Tue, Apr 30th, 2024 by Saurenergy EMobility ride-hailing service BluSmart has announced that it has crossed the Annual Run Rate (ARR) of Rs 500 Crore ($60 Million) achieving 102% growth over the previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last three years, and is well poised for continued growth. The growth […] Read more
First EOI For GREGY Interconnection Between Greece And Egypt Called Updated On Thu, Apr 25th, 2024 by Saurenergy The GREGY project, or Green interconnector between Greece and Egypt has moved one step ahead with the call forexpression of interest for studies on the project. ELICA Mediterranean Electrical Interconnection S.M. S.A., a member of Copelouzos Group, which is developing the GREGY electrical interconnection project, has published the first two calls for expression of interest […] Read more
SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra Updated On Wed, Apr 24th, 2024 by Saurenergy SJVN Green Energy (SGEL) has invited online bids through an open tender, for 400 MW MSEDCL solar project across Maharashtra. These bids were invited on a single stage two envelope format. It included envelope-I: techno-commercial bid and envelope-II: price bid. SGEL project is to be undertaken with reverse auction for the balance of system (BoS) package including power evacuation. […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme Updated On Fri, Apr 19th, 2024 by Saurenergy Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […] Read more
Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies Updated On Fri, Apr 19th, 2024 by Saurenergy Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), the renewable energy developer from the Hero group. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope […] Read more
GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility Updated On Thu, Apr 18th, 2024 by Saurenergy Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […] Read more
