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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

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Avaada Energy Secures Over 1400 MWp Solar Project Across India

Avaada Energy, a key entity in the Avaada Group’s renewable energy division, has recently announced an acquisition of approximately 1400 MWp in solar energy projects through recent tenders issued by central and state government agencies in India. Vineet Mittal, Chairperson of Avaada Group said, “Marking a significant stride in India’s renewable energy journey, Avaada Energy […]

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Gensol Group Inducts Ravindra Goyal as Group Chief Procurement Officer

Ahmedabad-based solar project firm Gensol Group today announced the appointment of Ravindra Goyal as the Group Chief Procurement Officer. Goyal will head the group’s Supply Chain Management (SCM), encompassing all entities in the clean energy and electric mobility domains. He will work closely with the entity-level leadership team to build capability for bulk & efficient […]

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Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana?

The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […]

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Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption

Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […]

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Yearly Review: India Added More Coal Power Than Wind In 2023

The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […]

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Railways Awards Contracts To 6 Firms For Its 750MW RE Project

The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […]

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FIMER Inverters Light Up Ayodhya’s 40 MW Solar Plant

Solar inverter company FIMER announced supplying its 5 MVA inverters to Jakson Green for a 40MW Ayodhya Solar PV Project, developed by NTPC Green Energy Ltd. Jakson provided a total of 104,580 solar panels for the project.  Ayodhya is now all set to host the consecration of its Ram Temple on January 22. The state […]

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Ciel & Terre Starts Constructing 11 MW Floating Solar Project In France

Floating solar company Ciel & Terre has begun the construction of 11 MW floating solar project in Saint-Savin, south-east of Lyon, France. The project is being built using aiR Optim technology. The floating solar project at Saint-Savin is company’s first power plant in France that is built using this technology. The Saint-Savin floating solar project […]

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