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Green Stocks Dec 27: Gensol Stock Price Moves Up By 6.52%

The stock market presented a mixed picture for Indian renewable energy companies today. While seven green firms saw their stock prices rise, an equal number experienced declines. The highest gain was recorded by Gensol Engineering, with a 6.52% increase in its stock price. This surge comes on the back of the company securing an EPC […]

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Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender

In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […]

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ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects

ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […]

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NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS

NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024.  As per the NTPC Vidyut Vyapar Nigam […]

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Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project

The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […]

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NHPC Receives LoI From GUVNL For 200 MW RE Park In Khavda

NHPC (National Thermal Power Corporation) a public sector undertaking under the ownership of the Ministry of Power recently announced that it received a letter of intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for the 200 MW Khavda project.  NHPC received this letter for a 200-megawatt (MW) solar power project at the 1125 MW Gujarat […]

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NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh

NGEL (NTPC Green Energy Ltd) has signed a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for development of renewable power parks in the state. The JV was signed on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh. The […]

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NGEL To Develop Renewable Energy Parks with MAHAGENCO In Maharashtra

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a joint venture agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO), for the development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and […]

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K.P Energy Commissions 25.2 MW ISTS Connected Wind Power Project At Sidhpur

K.P Energy Limited, a Balance of Plant (BoP) solutions provider for the wind energy industry commissioned a 25.2MW (Phase-VI) Inter-State Transmission System (ISTS) connected wind power project at Sidhpur, in Devbhoomi Dwarka The wind energy company is involved in the entire wind farm development value chain, right from conceptualization to the commissioning of the project. […]

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