Green Stock August 9: Waaree Renewable, KPI Green Continue In Spotlight Updated On Fri, Aug 9th, 2024 by Saurenergy It was yet another day when the two smaller domestic solar EPCs, Waaree Renewable Technologies, and KPI Green Energy, found themselves locked on Upper circuits. Strong Q1 results have acted to catalyse investor interest yet again in these firms, after some fears that they might have run ahead of performance. Tata Power, Shakti Pumps, Adani […] Read more
Punjab Plans To Add 66 New Solar Power Plants Updated On Fri, Aug 9th, 2024 by Saurenergy The Punjab government is planning to set up 66 new solar power plants with each having 4 MW of capacity, Aman Arora, the state Minister of New and Renewable Energy Sources said. With this the Punjab government wants to reduce its reliance on fossil fuels and cut the annual power subsidy, he added. As per […] Read more
ECoR Plans To Save Rs 14 Core On Energy Bills By Using Solar Updated On Thu, Aug 8th, 2024 by Saurenergy To promote the use of green energy and reduce the carbon emissions of Indian railways, the East Coast Railway (ECoR) plans to install 21,826 KWp capacity Solar Plants. These plants will be installed at various Station Buildings, Service Buildings, Residential Buildings, and LC Gates, said the Indian railways in a recent statement. The said installation […] Read more
KPI Green Energy Q1 Results- Revenue Up 74% YoY, Profits Up 98% Updated On Thu, Aug 8th, 2024 by Saurenergy Surat based renewable EPC developer KPI Green Energy has announced its Q1 results today, August 8. Reflecting the strong order book it has been building up since the past 2 years, revenues were up 74% to almost Rs 350 crores year on year, while profitability improved further to 98% at Rs 66 crores for the […] Read more
NTPC-REL Floats 1 GW Tender For Land, Power Evacuation In MP Updated On Thu, Aug 8th, 2024 by Saurenergy NTPC Renewable Energy Ltd. (NTPC-REL) recently issued a tender to commission a land and power evacuation system for a 1000 MW solar PV project in the Mandsaur region of Madhya Pradesh, with the bid submission deadline set for 11th September 2024. The tender mandates that bidders meet certain criteria for land-related works. The detailed scope […] Read more
IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition Updated On Wed, Aug 7th, 2024 by Saurenergy United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […] Read more
Study Points Out At India’s Key Role In Energy Transition In Asia Updated On Wed, Aug 7th, 2024 by Saurenergy The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […] Read more
Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project Updated On Wed, Aug 7th, 2024 by Saurenergy Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
