Promoters To Invest Rs 9,350 Crore Equity In Adani Green Updated On Tue, Dec 26th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations. The issuance is subject […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat Updated On Fri, Dec 8th, 2023 by Saurenergy Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW. “Proud to play a crucial role in India’s impressive strides in renewable […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
GUVNL Looks to Procure 500 MW Hybrid Renewable Power Updated On Tue, Nov 28th, 2023 by Saurenergy Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […] Read more
THDC to Build RE Projects of 3270 MW in Karnataka Updated On Fri, Nov 10th, 2023 by Saurenergy Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […] Read more
SJVN Arm Calls Bids for Projects of 1465 MW Aggregate Capacity Updated On Tue, Oct 31st, 2023 by Saurenergy SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invites online bids from eligible bidders on two stage (stage-1: techno-commercial bid and stage-2: price bid) for the manufacture and supply of solar PV modules of total 1465 MWp capacity for solar power projects to be installed at various states of India. The projects […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more
Sterling & Wilson Reports Increase In Income, Reduced Losses Updated On Sun, Oct 22nd, 2023 by Saurenergy Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis. As per the furnished details of the unaudited consolidated financial results, the firm reported […] Read more
