As Adani Shares Drop, How Will It Impact Group’s Green Plans Updated On Tue, Jan 31st, 2023 by Saurenergy Shares of the Adani Group have been ambushed over the past week, dropping upto 40% in some cases. The report on the group by US based short seller Hindenberg research, a firm specialising in short selling shares with detailed public reports on their thesis, has done serious damage, coming as it did just before a […] Read more
KEC International Adds To Order Book, Including 500 MW Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […] Read more
Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore Updated On Mon, Sep 5th, 2022 by Saurenergy Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
CERC Grants Approval for Third Power Exchange in India Updated On Thu, Aug 6th, 2020 by Saurenergy CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […] Read more
Sterling and Wilson Solar Shares Tumble 7-10% on Debut Updated On Wed, Aug 21st, 2019 by Saurenergy Shares of Sterling and Wilson Solar made a disappointing debut on the bourses, falling between 7 and 10 percent over its issue price of Rs 780. Shares of Sterling and Wilson Solar made a disappointing debut on the bourses on August 20, 2019, falling more than 10 percent over its issue price of Rs 780. The scrip […] Read more
Solar Industries India Net Profit Rises 23.31 Percent in the September 2017 Quarter Updated On Thu, Nov 16th, 2017 by Saurenergy The Company reported net sales of Rs. 408.40 crore compared to Rs. 313.36 cr for the period ended September 30, 2016. Net profit of Solar Industries India has reported a 24 percent increase for the September quarter. The company has posted a net profit of Rs. 45.74 crore for the period ended September 30, 2017 […] Read more
L&T bags an order for 50 MW solar power project from NHPC in Tamil Nadu Updated On Wed, Jun 21st, 2017 by Saurenergy According to the BSE filing , the 50 MW solar power project is anticipated to be completed within nine months. Larson and Tubro Ltd. has bagged an order of Rs 287.48 crore for setting up 50 MW solar power capacities from hydro power giant NHPC. The solar projects will be developed at Theni and Dindigul […] Read more
Bhageria Industries updates on financial tie up for 30 MW Solar Power Project Updated On Thu, Dec 22nd, 2016 by Saurenergy Bhageria Industries Ltd. has informed BSE that the Company has competed the financial tie up of a loan of Rs. 95 Crores from Export Import Bank of India (EXIM Bank Ltd) on the terms and conditions as per their sanction letter dated December 06, 2016 and approved by the Board of Directors at its meeting […] Read more
