KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
Team Lead – C&I Power Sales Updated On Fri, Oct 14th, 2022 by Saurenergy As Team Lead – C&I Power Sales, you are expected of the following: Scout, acquire and build pipeline of new customers across electricity domain – for selling multiple products which can be offered through open access mechanism, bilateral or exchange traded products etc. Lead a large business development team with focus on C&I power sales, […] Read more
Adani Green Energy Buys 3 SPVs from Inox Green Energy Updated On Tue, Oct 11th, 2022 by Saurenergy Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
KPI Green Energy Inks PPAs With Six Firms to Sell 15.88 MW Power Updated On Thu, Sep 15th, 2022 by Saurenergy To sell 15.88 MW of wind and solar hybrid power projects, Gujarat-based solar EPC company KPI Green Energy has inked new long-term power purchase agreements within the company’s independent power producer company segment. KPI Green Energy has secured new long-term power purchase agreements to sell 15.88 MW of wind and solar hybrid power projects. Six […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more