NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM Updated On Wed, Jan 25th, 2023 by Saurenergy The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing Updated On Fri, Jan 20th, 2023 by Saurenergy Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL. Manufacturers have been seeking tie-ups to speed up […] Read more
SWRE Net Loss Contracts To Rs 99 Cr In December Quarter Updated On Fri, Jan 20th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […] Read more
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW Updated On Tue, Jan 17th, 2023 by Saurenergy Solar EPC firm Rays Power Infra has announced the commissioning of a 275 MW(DC) grid-connected solar power plant in Sundarganj, Gaibandha, Bangladesh. Spread over 600 acres of land, the project will offset over 375 billion tonnes of CO2 emissions, equivalent to 2.5 Lacs fuel engine cars, powering 5 lakh households in Bangladesh. The project comprises […] Read more
