Gujarat: GERC Upholds Uniform Power Tariff for State Discoms Updated On Thu, May 29th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has rejected a petition seeking separate electricity tariffs for the state’s four government-run distribution companies, ruling that the existing uniform tariff structure is justified under current circumstances. The petition, filed by the Utility Users’ Welfare Association and a consumer rights advocate had urged the Commission to direct Gujarat Urja […] Read more
Green Stocks May 28: Stocks In Consolidation Mode Updated On Wed, May 28th, 2025 by Saurenergy Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all […] Read more
India’s Electricity Demand to Grow 6-6.5% Over Five Years: ICRA Updated On Wed, May 28th, 2025 by Saurenergy India’s electricity demand is expected to grow at a compound annual growth rate (CAGR) of 6.0–6.5% over the next five years, supported by rising consumption from electric vehicles (EVs), data centres and green hydrogen projects, ratings agency ICRA said. For FY2026, ICRA projects demand growth at 5.0–5.5%, lower than the estimated GDP growth of 6.5%. […] Read more
FY25: Electric Bus Maker Olectra Reports 77% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Electric bus manufacturer Olectra GreenTech Ltd. has reported a strong financial performance for the fiscal year ending March 2025, marked by significant year-on-year (YoY) growth across key financial metrics. According to the company’s latest financial disclosures submitted before the exchanges, its revenue from operations rose to ₹1,801.89 crore in FY25, up from ₹1,154.13 crore in […] Read more
FY25: Mufin Green Finance Reports 20% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […] Read more
Error Forgiven By APTEL As SAEL Seeks Relief Updated On Wed, May 28th, 2025 by Saurenergy In an interesting judgement where the principle of no prejudice to anyone else was considered in the case of an error made, the Appellate Tribunal for Electricity provided relief to Sukhbir Agro Energy Limited (Now SAEL Limited) versus the UPERC. SAEL headed to APTEL after an order issued by UPERC on November 11, 2021, which […] Read more
ALMM May Update- Goldi, Premier, RenewSys Dominate New Additions Of 8653 MW Updated On Wed, May 28th, 2025 by Saurenergy The May update of the Approved List of Module Manufacturers from the Ministry of New and Renewable Energy (MNRE) is out with possibly the highest ever addition of capacity and new manufacturers in a long time. IN a letter dated May 21, the MNRE has made some changes to the list , with BIS number […] Read more
Green Stocks May 27- Green Developers Resist Slide Updated On Tue, May 27th, 2025 by Saurenergy On a day when the markets slumped significantly after a quiet start, the green energy pack did well to resist losing too many of the gains made yesterday. Large developers like Adani Green, NTPC Green, and even the public sector SJVN managed to eke out gains on a day when the selling pressure was high. […] Read more
KREDL Floats 250MW/1100 MWh Solar-BESS Tender At Pavagada Updated On Tue, May 27th, 2025 by Saurenergy The Karnataka Renewable Energy Development Limited (KREDL) has floated its Tranche I Solar + Battery Energy Storage System (BESS) tender to develop a 250 MW solar project integrated with a 250MW/1,100 MWh BESS. The project, located in Ryapte, will supply peak power and optimize grid utilization at the Pavagada Solar Park under a Build-Own-Operate (BOO) […] Read more
