Bangladesh Seeks To Get Renewables Back On Track with 2.6 GW Tender Updated On Wed, Mar 26th, 2025 by Saurenergy Bangladesh, where much else besides its renewables plans were disrupted as a result of the student backed movement that overthrew the then government of Sheikh Hasina last year, has a lot of catching up to do. Not only has the country been embroiled in disputes with power providers in India like the Adani group which […] Read more
Actis Backed Blupine Energy Raises ₹1,787 Crore from NaBFID Updated On Wed, Mar 26th, 2025 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of ₹1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance operational efficiency, and fuel portfolio expansion. The transaction was structured […] Read more
IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds Updated On Tue, Mar 25th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […] Read more
BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Green Stocks March 25: Stocks Swoon With Broader Market Updated On Tue, Mar 25th, 2025 by Saurenergy With reasons as varied as a run-up that was too fast, too soon, to the Trump deadline on April 2 for tariffs, the markets, and our green energy packs took a breath today, correcting after the sharp run-up since last week. Among the big losers was Solar Pump maker Shakti Pumps, besides developers NTPC Green, […] Read more
RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr Updated On Tue, Mar 25th, 2025 by Saurenergy The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […] Read more
Delhi Govt Allocates Rs 50cr For PM Surya Ghar ‘Top Up’ Updated On Tue, Mar 25th, 2025 by Saurenergy Delhi Chief Minister Rekha Gupta today presented her maiden budget for the Union Territory. In her speech before the State Assembly, the CM talked about making the region self-sufficient in energy. She also talked about boosting the growth of solar energy in the state through the new Delhi Budget. In her speech, Gupta talked about […] Read more
