Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Shakti Pumps Secures Order To Supply 12,537 Solar Pumps To UP Updated On Fri, Aug 2nd, 2024 by Saurenergy To boost the availability of solar water pumps throughout Uttar Pradesh (UP), the State Department of Agriculture has awarded a Letter of Intent (LoI) to Shakti Pumps. The Madhya Pradesh-based solar pump company received an order for 12,537 pumps to be supplied across the state under the Component B of the PM-KUSUM scheme (Phase-III). The […] Read more
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] Read more
SPECIAL REPORT: UP’s Time To Shine In Solar Updated On Thu, Aug 1st, 2024 by Saurenergy At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […] Read more
Shakti Pumps Plans To Go Bullish On PM-Kusum (Comp. C) Updated On Tue, Jul 30th, 2024 by Saurenergy Buoyed by the benefits of grid-connected solar pumps, Indian solar pump company Shakti Pumps is now planning to go bullish towards Component C of PM-KUSUM scheme. Last year, the Ajmer discom awarded a project to Shakti Pumps to replace grid-connected pumps with grid-connected solar pumps to ensure supply of surplus solar power to the grid […] Read more
Oriana Power Receives 10 MW Solar Project From Tamil Nadu Updated On Mon, Jul 29th, 2024 by Saurenergy Delhi-based Oriana Power has secured a 10 MW solar project in Tamil Nadu. The company plans to execute the project during the financial year 2024-25. The company’s project order size is Rs. 37.18 crore. Earlier this week, Oriana Power secured a new solar plant project of 40 MWp capacity. This project will be implemented by […] Read more
India Finds Lithium Resources in Madhya Pradesh, Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Minister of State For Earth Sciences Jitendra Singh in his recent statement before the Parliament talked about the steps taken by the government to expedite the exploration of Lithium in areas beyond Jammu and Kashmir and Rajasthan. The minister shared that Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic […] Read more
Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
