Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus Updated On Mon, Aug 17th, 2020 by Saurenergy PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders Updated On Fri, Aug 14th, 2020 by Saurenergy GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […] Read more
Lightsource bp Partners up for 300 MW Solar Project in Colorado Updated On Thu, Aug 13th, 2020 by Saurenergy McCarthy Building Companies has been named by Lightsource bp as the EPC Contractor for the 300 MW Bighorn Solar project in Colorado McCarthy Building Companies’ Renewable Energy & Storage team has been named by Lightsource bp as the Engineer, Procure, and Construction (EPC) Contractor for the 300 MW Bighorn solar project in Colorado, which will […] Read more
Britishvolt Announces new Partners & Project Director for Gigaplant Updated On Thu, Aug 13th, 2020 by Saurenergy Britishvolt has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest […] Read more
XLRI Planning for 1 MW Solar Plant in NCR Campus Updated On Thu, Aug 13th, 2020 by Saurenergy The Xavier School of Management (XLRI) is planning to set up a 1 MW solar power plant in its newly established Delhi NCR campus in Jhajjar, Haryana. The Xavier School of Management (XLRI), one of the top 10 business management schools in India, is planning to set up a 1 MW solar power plant in […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
