Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
MSEDCL’s 500MW Solar Tender Awarded to SJVN, Tata Power & Others Updated On Fri, Aug 5th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company’s (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. […] Read more
ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram Updated On Fri, Aug 5th, 2022 by Saurenergy DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Finally, National Solar Rooftop Portal A Reality In India Updated On Mon, Aug 1st, 2022 by Saurenergy The success of decentralized solar power generation largely depends on the public policy. On the same lines, Prime Minister Narendra Modi has launched a National Portal for Rooftop Solar, which will enable online tracking of the process of installation of rooftop solar plants for individual customers or households. The portal will keep a track of […] Read more
PM Launches Various Projects And Schemes In Renewable Sector Updated On Mon, Aug 1st, 2022 by Saurenergy Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […] Read more
NTPC Q1 Results, Revenues up 43% YoY, Profits up 15% Updated On Fri, Jul 29th, 2022 by Saurenergy NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal. At […] Read more
4 Years On, GoodWe Basks In The Success Of Cochin Airports Solar Project Updated On Wed, Jul 27th, 2022 by Saurenergy Cochin International Airport Ltd (CIAL) is the world’s first fully solar-powered airport. The eco-friendly initiative of CIAL has won international accolades including “The Champions of the Earth Award-2018” from the United Nations. CIAL claims that it is known for its commitment to the idea of sustainable development which prompts the effective utilization of green energy […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
