KP Group Appoints Dr Alok Das As Group CEO Updated On Mon, Nov 11th, 2024 by Saurenergy KP Group today announced the appointment of Dr. Alok Das as its new Group CEO, effective November 11th. The company said that with over 30 years of experience in the renewable energy sector, Dr. Das’s expertise will be instrumental in guiding 35 companies within the KP Group, including KPI Green Energy and KP Energy, toward […] Read more
Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys Updated On Fri, Nov 8th, 2024 by Saurenergy From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […] Read more
KPI Green Q2 Results- Revenues Up 67% YoY, PAT Up 99% Updated On Wed, Nov 6th, 2024 by Saurenergy Gujarat based KPI Green Energy, part of the KP Group with interests across the energy chain, has declared results for the September quarter , Q2 FY25. As expected revenues are up sharply over the corresponding quarter last year for the EPC firm, at Rs 361 crores versus Rs 216 crores last year. Thanks to the […] Read more
Inox Wind Q2 Earnings Call: Five Takeaways Updated On Wed, Nov 6th, 2024 by Saurenergy Wind turbine manufacturing company Inox Wind after delivering optimistic Q2 results discussed several issues related to its earnings and futuristic plans besides the challenges in the sector. Following are some of the key takeaways from the discussions with the management of the firm in the latest Q2 earnings call with the investors. Buoyed by net-cash […] Read more
KP Green Energy Secures 1.0037 GW Order From GUVNL Updated On Tue, Nov 5th, 2024 by Saurenergy KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL). The Gujarat-based company will be responsible for providing a range of services, including Engineering, […] Read more
Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry Updated On Tue, Oct 29th, 2024 by Saurenergy In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […] Read more
Coal India Issues Tender For 300 MW Khavda PV Solar Project Updated On Thu, Oct 24th, 2024 by Saurenergy Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […] Read more
Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments Updated On Wed, Oct 23rd, 2024 by Saurenergy In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […] Read more
