3 GW Of Pumped Hydro Projects Set To Boost MSEDCL’s Portfolio Updated On Fri, Sep 27th, 2024 by Saurenergy Maharashtra is set to witness the addition of 3 GW of energy storage projects through Pumped Storage Projects (PSPs). These new projects are expected to meet the growing demand of the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL). Two companies, JSW Neo Energy Limited and Torrent Power Limited, have secured contracts to build the projects. […] Read more
Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL Updated On Mon, Sep 16th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […] Read more
ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report Updated On Fri, Mar 1st, 2024 by Saurenergy According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
THDC to Build RE Projects of 3270 MW in Karnataka Updated On Fri, Nov 10th, 2023 by Saurenergy Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt Updated On Wed, May 31st, 2023 by Saurenergy Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores. As for its EBITDA margins, it stands at 14% with […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
