IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal Updated On Wed, Feb 12th, 2025 by Saurenergy India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion). ONGPL has signed a share purchase agreement with the current stakeholders National […] Read more
Top 5 Trends Shaping the Global Wind Power Industry in 2025 Updated On Tue, Dec 31st, 2024 by Saurenergy The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […] Read more
Offshore Wind’s 2024 in India- Building Blocks Falling Into Place Updated On Mon, Dec 30th, 2024 by Saurenergy India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […] Read more
NTPC Races To 300 Billion Units in 2024-25 Updated On Mon, Dec 9th, 2024 by Saurenergy NTPC Group has crossed the 300 Billion Units (BU) generation mark in FY 2024-25. It crossed the 300 BU generation mark on December 18, 2023 (FY 2023-24), a full 10 days faster than it did last year. While NTPC has an installed capacity of 76.5 GW, over 29.5 GW of capacity, including 9.6 GW of […] Read more
Can New Wind Energy Projects Transform Odisha’s RE Portfolio? Updated On Fri, Dec 6th, 2024 by Saurenergy Odisha, traditionally considered one of India’s less developed states in renewable energy, is now poised to emerge as a key player in wind energy. Despite currently having no wind energy capacity, the coastal state is attracting interest from wind energy companies, signaling a shift in its renewable energy landscape. At present, wind energy is concentrated […] Read more
Assam Issues Its First Standalone BESS Tender For 25 MW Updated On Tue, Oct 8th, 2024 by Saurenergy The New and Green Energy of Assam (NGEAL) has now issued its first standalone tender for the development of a 25 MW/100MWh of Battery Energy Storage (BESS) plant in the state. The agency has planned to develop the standalone BESS center at the Kurkurmara 400 KV grid substation in the Kamrup district of Assam. NGEAL […] Read more
Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects Updated On Tue, Oct 1st, 2024 by Saurenergy Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […] Read more
Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN Updated On Mon, Sep 2nd, 2024 by Saurenergy In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […] Read more
