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
Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report Updated On Tue, Nov 5th, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance. The note recommends the use of integrated green […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Shakti Pumps Q2 Analyst Call- 5 Main Takeaways Updated On Tue, Nov 5th, 2024 by Saurenergy Fresh off a record Q2 performance, the management of Shakti Pumps tackled analyst questions post the results announcement, offering some interesting insights into the firm and the progress of the segment as well. For the record, in the September quarter, the firm recorded a turnover of Rs 635 crores, with operating profit coming in at […] Read more
Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders? Updated On Tue, Nov 5th, 2024 by Saurenergy India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […] Read more
Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist Updated On Mon, Nov 4th, 2024 by Saurenergy On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […] Read more
PM KUSUM: Rajasthan DISCOM Invites Participation Under Component C Updated On Mon, Nov 4th, 2024 by Saurenergy Rajasthan DISCOM Jaipur Vidyut Vitran Nigam Limited (JJVNL), in its latest tender, seeks to implement feeder-level solarization under Component C of PMKUSUM. This component involves ground-mounted solar installations, where land cost is the second most significant expense after solar PV panel costs in the total project budget. The last date for bids submission till 2nd […] Read more
SECI Tenders For 1.2 GW RTC Renewable Energy Projects Across India Updated On Mon, Nov 4th, 2024 by Saurenergy SECI, has issued a tender to select renewable power developers to supply 1.2 GW of Round-the-Clock (RTC) power for renewable projects across India. The last date for bids submission is 16th December. With a commissioning time of 24 months, the 4 hour RTC supply will need to maintain a Demand Fulfillment Ratio (DFR) of 80% […] Read more