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Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well

On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out […]

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Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL

Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […]

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Green Stocks Sep 16: Adani Green Shines Bright, Most Stocks Subdued

On a day that clearly belonged to Adani Green, India’s largest green energy developer rose over 7% to levels the stock hasn’t seen for a while. The trigger was the award of an LOI (along with group firm Adani Power, which also rose ) for supply of 6600 MW of power to Maharashtra, with a […]

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After Aborting Module Making Plan, Coal India To Expand RE Production

India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […]

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Premier Energies Gets Rs. 215 Cr Project Under PM-KUSUM In UP

Premier Energies today received an order from the Uttar Pradesh Department of Agriculture under the PM KUSUM scheme (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan). The Hyderabad-based company got a project of Rs. 215 Crores to supply, install, and commission solar water pumping systems across various districts in the state. Premier Energies got this […]

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NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […]

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Green Stocks Sept 3: Suzlon Energy Stock Prices Up

On a day when Indian solar cell and solar module manufacturer Premier Energies entered the stock market, most of the green companies reported positive growth. The highest growth was seen by Suzlon Energy which reported a growth of 0.96%. Company name Closing Price On Sept 2 Closing Price on Sept 3 Change % Borosil Renewables […]

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Renewables Contribute Only 4% To NTPC’s Turnover in FY24

According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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