Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
Govt Amends Bidding Rules, Tightens Default Penalties Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […] Read more
ALMM: Easy Photo, Akshaya Solar New Entrants In MNRE’s List Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest list of enlisted solar module makers has allowed entry of two new companies. These two firms have made their entry into the latest Approved List Of Models and Manufacturers (ALMM) of MNRE. These include-Easy Photo Voltech and Akshaya Solar. With the addition of the […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more
Green Stocks Feb 17: Respite For Some Green Stocks Updated On Mon, Feb 17th, 2025 by Saurenergy With the market continuing to be pulled by opposite forces, the small-cap and mid-cap indices remained broadly weak, especially all through the first half of the day. The second half did bring some respite as buyers emerged, and to no one’s surprise, some of the beaten-down green stocks recovered some lost ground. The recovery was […] Read more
NHPC Call For Bids For 1.2 GW Solar Park Project At UP Updated On Mon, Feb 17th, 2025 by Saurenergy NHPC on behalf of Bundelkhand Saur Urja Limited (A Joint Venture of NHPC Ltd. and Uttar Pradesh New and Renewable Energy Development Agency i.e. UPNEDA) issued a tender, to build a solar park project. It includes the construction of security buildings and civil Works of a solar power park to develop a 1.2 GW Solar […] Read more
MNRE Proposes Separate ALMM For Off-Grid Solar Solutions Updated On Mon, Feb 17th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) specifically for off-grid solar solutions. As part of this initiative, the ministry plans to lower the threshold efficiency limits for solar modules under ALMM for these applications. It has invited stakeholders to submit their suggestions by […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more
Manipur: NHPC Issues Rooftop Solar Tender For 13 Govt Buildings Updated On Mon, Feb 17th, 2025 by Saurenergy NHPC’s renewable energy arm, NHPC Renewable Energy (REL), recently issued a tender to select developers for grid-connected rooftop solar plants at various government buildings in Manipur. These projects will be developed under the RESCO mode, with a bid submission deadline of March 17, 2025. NHPC REL manipur rooftop solar tender stated, “The bidder is expected […] Read more