RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low Updated On Fri, Jan 24th, 2025 by Saurenergy Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh. Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […] Read more
Manager- Legal Updated On Fri, Jan 24th, 2025 by Saurenergy Responsibilities:- Should have good knowledge of applicable land laws, rules and regulations applicable across and shall have understanding of various land records; Advising company in land matters to mitigate the risks, disputes and issues involved while purchasing lands; Coordinating with land team, acquisition vendors and assisting Panel Advocate in the preparation and finalization of Title […] Read more
Green Stocks Jan 24: The Slide Turns Into a Rout Updated On Fri, Jan 24th, 2025 by Saurenergy The broader decline in the market has turned into a rout for small caps and mid-caps, and most of the green caps were no exception. The secular decline seen across the board points to weak hands finally capitulating to withdraw from the market and lick their wounds, so to say. While it might be too […] Read more
NHPC, AP Genco Form JV To Develop 5 GW PSP Projects Updated On Fri, Jan 24th, 2025 by Saurenergy The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […] Read more
Indus Towers Plans To Foray Into EV Charging Infrastructure Space Updated On Fri, Jan 24th, 2025 by Saurenergy Indus Towers, a telecom tower infrastructure provider, has decided to explore business opportunities in the Electric Vehicle (EV) charging infrastructure sector. The company received approval from its Board of Directors to proceed, subject to a prudential framework. This comes after the firm already tried its hands on the same through some pilot projects. Indus Towers […] Read more
Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […] Read more
Green Stocks Jan 23: Recovery Continues To Evade Green Stocks Updated On Thu, Jan 23rd, 2025 by Saurenergy Today was one of those rare trading days when the market recovery outran any recovery in green stocks. So bad was the situation that even the news of Waaree Energies starting commercial production at its US plant did not move the stock, instead correcting by over 3%. While public sector SJVN did continue its weak […] Read more
KSERC Clears KSEBL’s PSA With SECI For 500 MW Project Updated On Thu, Jan 23rd, 2025 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […] Read more
Rajasthan: POWERGRID Commissions RE Evacuation Projects Updated On Thu, Jan 23rd, 2025 by Saurenergy POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […] Read more
