Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Manager/ Senior Manager – Energy Markets Updated On Tue, Mar 5th, 2024 by Saurenergy Role and Responsibilities:- Lead project delivery of client engagements to deliver exceptional quality of output. Lead business development initiatives under supervision of Director Facilitate knowledge sharing and learning amongst industry stakeholders through workshops, seminars and focused training programs. Carry out thought leadership on emerging issues in the fuels segment Expertise, experience, relationships:- Knowledge of oil […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
Adani Electricity Invites Bids For 600 MW Wind Project Across India Updated On Mon, Mar 4th, 2024 by Saurenergy Adani Electricity Mumbai recently issued a tender regarding 600 MW of power from grid-connected wind projects. The tender pertains to inviting project developers from across India and these projects can be established anywhere in India. The selected developers are required to establish wind power projects on a build own operate (BOO) basis, stated the release […] Read more
BluPine Energy Acquires 369 MW Solar Assets From Acme Group Updated On Mon, Mar 4th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […] Read more
Jakson Green Signs Its First Renewable Power Pact With SECI Updated On Fri, Mar 1st, 2024 by Saurenergy Jakson Green, a new energy transition company signed its first Power Purchase Agreement (PPA) with SECI for a utility-scale solar photovoltaic power project. The PPA originated from SECI’s Tranche XI auction for setting up a grid-connected solar project in India conducted last year. Jakson will be responsible for identifying suitable land, installing the project, and acquiring […] Read more
SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid? Updated On Thu, Feb 29th, 2024 by Saurenergy The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […] Read more
