Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores Updated On Sat, Jan 11th, 2025 by Saurenergy On Jan 10, Waaree Energies Limited announced the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […] Read more
FY 2023-24: SECI Snags Excellent Rating With Over 73 GW Awarded Capacity Updated On Fri, Jan 10th, 2025 by Saurenergy In 2024, Solar Energy Corporation of India Ltd (SECI) exceeded a cumulative awarded renewable generation capacity of 73 GW as of December 31. In the financial year 2023-24, the company saw a substantial 22.13% increase in its annual trading volume, reaching a total of 42.935 billion units. SECI recorded a total income of Rs. 13,135.80 […] Read more
PM-KUSUM: JVVNL Re-Issues Tender For Solar Projects Under RESCO Updated On Fri, Jan 10th, 2025 by Saurenergy The Jaipur Vidyut Nigam Limited (JVVNL) has re-issued its tender under PM-KUSUM (Component-C). The Rajasthan discom now plans to allocate work orders to Renewable Energy Service Companies (RESCO) through the tender. The agency intends to use the services of RESCO for feeder-level solarisation under the scheme. The last date to submit online bids is January […] Read more
ACME Solar Commissions 90 MW Solar Project In Rajasthan Updated On Thu, Jan 9th, 2025 by Saurenergy ACME Solar Holding (ASHL) has now commissioned an additional aggregate capacity of 90 MW of solar power projects in Rajasthan. The company secured this project through its subsidiaries, viz. ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, to commission the remaining capacity of 62 MW and 28 MW, respectively. These two […] Read more
Karnataka HC Orders Puts Green Energy Open Access In Limbo Updated On Thu, Jan 9th, 2025 by Saurenergy A recent order from the Karnataka High Court has created ripples in the state’s renewable energy market. The court struck down the Central government regulations on Green Energy Open Access and the state regulations floated by the Karnataka Electricity Regulatory Commission (KERC). However, it directed the KERC to frame appropriate regulations for granting open access […] Read more
CESC Awards 150 MW Wind-Solar Hybrid Project To Purvah Updated On Wed, Jan 8th, 2025 by Saurenergy Kolkata-based power utility supplier, Calcutta Electric Supply Corporation (CESC), recently awarded 150 MW of wind-solar hybrid project to to its subsidiary Purvah Green Power Private Limited (Purvah). This was to meant to procure power from grid-connected wind-solar hybrid power projects. The project also offers an additional 150 MW capacity under the greenshoe option. The company […] Read more
Teerth Gopicon, Reliance Win SJVN’s 5.8 MW Rooftop Solar Bid Updated On Wed, Jan 8th, 2025 by Saurenergy SJVN has declared Teerth Gopicon and Reliance Industries as the winners of its 5,830 kW grid-connected solar project tender. The tender was floated under the PM Surya Ghar scheme. The tender for this project was released in September, and the results were declared within four months. According to the tender results, Teerth Gopicon secured 5,705 […] Read more
CERC Grants Relief To Wind Energy Firm Against GST Rate Hike Updated On Tue, Jan 7th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest order granted partial relief to Morjar Windfarm Development. The order from CERC came to the fore when the petitioner moved the central agency for its intervention. The Wind Energy, in its petition, asked the CERC to consider the change in GST rates as a ‘change of […] Read more
ENGIE India Targets 7 GW utility Scale Portfolio by 2030 Updated On Tue, Jan 7th, 2025 by Saurenergy In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the country’s transition to a greener grid. The company stands out for its focus […] Read more