NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
NTPC Green IPO Subscribed 2.4 Times In Three Days Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green, the renewable energy arm of NTPC witnessed a moderate response over its Initial Public Offering (IPO), compared to the highly subscribed IPOs of recently-listed solar energy companies. As per the data available, NTPC Green IPO was subscribed 2.4 times on the final day of bidding. The issue received bids of 1,42,55,97,546 shares against […] Read more
Datta, Gentari, Juniper, EG Energy, Sunsure Secure SJVN’s 1.2 GW Hybrid Project Updated On Wed, Nov 6th, 2024 by Saurenergy SJVN has announced that Datta Infra, Gentari India, Juniper Green Energy, EG Energy, and Sunsure Energy are the winners of its 1200 MW ISTS-connected Wind Solar Hybrid Tender auction. These companies secured the project at a tariff of Rs 3.19/kWh. The tender for this project was released in June of this year, and the results […] Read more
Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
JSW Renewable, China’s SANY Seal Licensing Deal Formally Updated On Wed, Oct 30th, 2024 by Saurenergy JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […] Read more
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Q2 Results: JSW Energy Reports Marginal Surge In Net Profits Updated On Fri, Oct 25th, 2024 by Saurenergy JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […] Read more