KP Green Energy Secures 1.0037 GW Order From GUVNL Updated On Tue, Nov 5th, 2024 by Saurenergy KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL). The Gujarat-based company will be responsible for providing a range of services, including Engineering, […] 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 Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
NTPC, ONGC Form JV For Renewable Energy Updated On Mon, Nov 4th, 2024 by Saurenergy Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy […] 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
Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
APTEL Rules Against Transferability of Banked Energy Updated On Tue, Oct 29th, 2024 by Saurenergy In an order last week, the Appellate Tribunal for Electricity (APTEL) delivered a key judgement on the transfer of banked wind energy between two projects belonging to the same firm. The case was filed by steel maker Maharashtra Seamless Limited versus the Maharashtra Electricity Regulatory Commission, Maharashtra State Electricity Distribution Co. Ltd., Maharashtra Energy Development […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
Q2 Results: Inox Wind Converts Losses Into Profit Updated On Sat, Oct 26th, 2024 by Saurenergy Indian wind energy company Inox Wind has announced its financial results for the latest quarter (Q2). In its latest disclosure on consolidated results, the company reported a surge in its revenues and net profits, both annually and quarterly. The company reported a total revenue of Rs 741.74 crore in the latest quarter, compared to Rs […] Read more
