Q3FY25: 10 Major Takeaways From SJVN Investors Call Updated On Tue, Feb 18th, 2025 by Saurenergy SJVN Limited, an Indian Public Sector Enterprise, which was earlier confined to hydroelectric power has now diversified its energy portfolio. The company is now foraying into several new renewable energy projects ranging from floating solar, vanilla solar and other projects. In its latest investors call, the company talked about its performance, challenges and current pace […] Read more
Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO Updated On Thu, Feb 13th, 2025 by Saurenergy Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […] Read more
45% Of Households Benefit From CFA Under PM Surya Ghar: MNRE Updated On Fri, Feb 7th, 2025 by Saurenergy The Union Minister of New and Renewable Energy (MNRE) has shared details of the households that benefitted through the installation of rooftop solar plants. When asked about the number of rooftop solar installations done under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) till now, the minister stated, “ Under the PM Surya Ghar: Muft […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
SBI Caps: Open Access Offered 20% Cost Advantage In Four States Updated On Thu, Jan 16th, 2025 by Saurenergy India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the non-utility share standing out due to a 25% increase, the […] Read more
Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps Updated On Thu, Jan 16th, 2025 by Saurenergy Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […] Read more
NTPC REL Issues 2.5 GW BESS Tender For Its Thermal Plants Updated On Tue, Jan 14th, 2025 by Saurenergy NTPC REL recently released a tender to develop a 2500 MW/10,000 MWH Battery Energy Storage System (BESS) project. The NTPC subsidiary has planned the project as spread across NTPC thermal power stations. The last date to submit the bids is February 17, 2025. The tender document elaborated on the project’s capacity. It mentioned, “The battery […] Read more
