India’s Top 5 Solar Power Producers Based on Installed Capacity Updated On Mon, Aug 10th, 2020 by Saurenergy In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […] Read more
Greenko and Onyx Insight Partner in Condition Monitoring 1st for Indian Renewables Updated On Fri, Jul 24th, 2020 by Saurenergy In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight, a leading global predictive analytics and engineering firm, to modernise 500 […] Read more
MERC Rules In MSEDCL Favour In Case Involving Greenko Subsidiary Updated On Mon, Jul 13th, 2020 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has gone with the MSEDCL view in a case involving Orange Maha Wind Energy Private Limited (Orange Wind), a subsidiary of Orange Renewables, now owned by the Hyderabad based Greenko group. The judgement was uploaded on July 11, on the MERC site. The case in question,involved the contention of […] Read more
Andhra Govt Renegotiates Greenko IREP Contract, Secures Rs 3495 Cr Extra Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy AP Govt has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the IREP contract with the implementing firm Greenko group. The Andhra Pradesh (AP) Government has announced that it has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the contract, for the proposed Integrated Renewable Energy Project (IREP), […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20 Updated On Thu, Apr 23rd, 2020 by Saurenergy Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […] Read more
Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more