SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit Updated On Wed, May 25th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […] Read more
Azure Power commissions 90 MW solar project in Assam Updated On Wed, May 4th, 2022 by Saurenergy Renewable energy major Azure Power has announced that it has successfully commissioned its 90 MW solar power project in Assam, the largest in the state. The 90 MW of solar capacity is spread across four districts in Assam – Udalguri, Kamrup, Nagaon, and Cachar. Azure Power said that the solar power project was commissioned in […] Read more
Azure Power to Develop 1700 MW renewable energy projects in Karnataka Updated On Fri, Apr 29th, 2022 by Saurenergy Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […] Read more
Six RE Players Form IGHPA for Hydrogen Advocacy Updated On Tue, Mar 29th, 2022 by Saurenergy Six companies dealing in renewable energy (RE) have come together to form an independent advocacy group to give a fillip to the Hydrogen Sector in India. It will be called as Independent Green Hydrogen Association (IGHPA) and the key objective of the forum is to engage with Government and other key stakeholders to realize the […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Azure picks Ecoppia for hybrid project of 400MW Updated On Tue, Feb 22nd, 2022 by Saurenergy Israeli based Ecoppia, a world leader in robotic cleaning solutions for photovoltaic solar, has announced a significant milestone in India, with the firm signing a ‘first ever’ hybrid project of 400MW with renewable developer Azure Power. This complex project, combined of two types of installations – fixed tilt and Single Axis Trackers (SAT), along with […] Read more
SECI Announces Results of 1800 MW of Solar, Wind Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy On a big day for tender results, SECI has announced the winners of the tender for 1200 MW solar projects in Karnataka, under Tranche X of its tendering programme. Ayana Renewable Power (Represented by Project Eight Renewable Power Private Limited) and Fortum (Represented by SolarOne Energy Private Limited) have been awarded 300 MW each at […] Read more
Azure Power’s $250 million Rights Issue Subscribed 78.4%, Saved By Largest Stakeholders Updated On Fri, Jan 28th, 2022 by Saurenergy Azure Power Global Limited announced today the final results of its previously announced rights offering of $250 million. By the end of the subscription period on January 24, 5:00pm EST, 78.4% of the rights had been exercised, and, accordingly, 12,404,282 newly issued equity shares of the Company were subscribed. The remaining 3,424,635 unsubscribed shares will be […] Read more
