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renewable power in India

Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project

NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […]

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MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus

The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […]

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JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […]

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Green Stocks Oct 18: Green Stocks See Minor Revival After Jolt

A day after jolt to the stock prices of most of the Indian green energy companies, several of these green firms seem to have revived their plunged prices. The highest growth was seen by Indian wind energy company Inox Wind which witnessed a surge of 4.5% in its stock prices compared to its price yesterday. […]

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NTPC Announces Winners of 1200 MW Hybrid Tender

NTPC LImited has now announced the winners of its 1200 MW solar-wind hybrid project tender. As per the details of the tender results, five companies won the tender in different capacities. The lowest bid for the tender was quoted by Rays Power, Refex Green and SAEL Limited. These firms quoted a price of Rs 2.50/kWh. […]

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Prozeal Gets SECI’s Solar Plus Battery Energy Storage Project In Leh

The Solar Energy Corporation of India (SECI) allotted Gujarat-based solar company Prozeal Green Energy a solar plus battery energy storage project at Leh. SECI, earlier had issued a tender for selection of project developers for a 25 MW (AC) Solar PV Power Plant (50 MWp) with a 20 MW/50 MWh battery energy storage system at […]

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As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow?

In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […]

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Green Stocks Oct 17: SWREL Sole Stock In Green

Sterling and Wilson Renewable Energy was the solar stock to end the day’s trading in the green, as our green energy pack buckled along with the broader indices. Premier energies was to suffer the most with a 4% plus fall, even as the others suffered relatively lower losses. The Premier energies case is interesting, coming […]

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Azure Completes Rs 2400 cr Refinancing

Azure Power Global Limited, has announced the successful completion of its ₹24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Limited. Following this transaction, the company has successfully prepaid its Green Bonds, originally issued in 2019 for $350 million and backed by 10 solar projects commissioned between 2016 and 2019. […]

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