Green Stocks June 12: Shakti Pumps Stock Price Up Post LoA Win Updated On Thu, Jun 12th, 2025 by Saurenergy On a day when most of the renewable energy stocks suffered losses, two green stocks reported an increase in their stock prices. These included solar pump manufacturer Shakti Pumps and renewable EPC firm-Sterling & Wilson. The highest gain was reported by Shakti Pumps, which reported a 2.92 percent increase in its stock price. This was […] Read more
MoP Draft Broadens Roles for Grid and Standalone Energy Storage Updated On Thu, Jun 12th, 2025 by Saurenergy The Ministry of Power (MoP) has proposed a draft amendment to Rule 18 of the Electricity Rules, 2005, aimed at providing legal clarity for Energy Storage Systems (ESS) by expanding the regulatory status and allowing consumers to become legitimate owners. As per the draft, “The Energy Storage System shall be utilized either as an independent […] Read more
Maharashtra: Shakti Pumps Gets LoA For 4500 Solar Pumps Updated On Thu, Jun 12th, 2025 by Saurenergy Shakti Pumps has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The latest order is for the supply and installation of 4,500 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) across various locations in Maharashtra, the company said in a regulatory filing. The Indore-based solar pump manufacturer secured the order under […] Read more
Rewa Solar Project: Waaree’s Parent Firm to Develop MP Project Updated On Thu, Jun 12th, 2025 by Saurenergy Mumbai-based Waaree Energies has taken over the development of a 170 MW solar power project from Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh, the company said in a regulatory filing. It clarified that the project would not be developed by its subsidiary as announced earlier. The latest announcement was in continuation of its […] Read more
Debt-Free Suzlon Energy Now Aims For 60% Growth Updated On Thu, Jun 12th, 2025 by Saurenergy In a bold shift from its troubled past, Suzlon Energy is setting its sights on a 60 percent jump in revenue, profit, and deliveries for FY26, marking its most confident strategic pitch yet for renewed dominance in India’s wind energy landscape. The ambition, outlined during the company’s recent earnings call, comes as Suzlon emerges debt-free […] Read more
Green Stocks June 11: Renewable Firms Lose Ground Updated On Wed, Jun 11th, 2025 by Saurenergy After days of profitability, the majority of the green stocks today suffered a setback. Barring a few companies, most of the Indian listed solar companies reported a decline in their stock prices. This is despite the encouraging market indices. Only four renewable energy stocks reported an increase in their values. The highest stock price rise […] Read more
KP Green Engineering Bags ₹37.56 Cr Solar EPC Order Updated On Wed, Jun 11th, 2025 by Saurenergy KP Green Engineering has secured new orders worth ₹97.27 crore from multiple clients, the company said in a regulatory filing. The company stated that out of the total order, it secured ₹37.56 crore for solar projects (for different components) and ₹4.44 crore for a rooftop solar project. Additionally, KP Green Engineering, the manufacturing arm of […] Read more
No Transmission Charges On BESS, PSPs Till June 28: Govt Updated On Wed, Jun 11th, 2025 by Saurenergy Ministry of Power has issued a long-awaited notification waiving inter-state transmission system (ISTS) charges for Energy Storage Systems (ESS), including pumped hydro and battery projects, as part of efforts to support renewable energy integration. The order builds on earlier ministry notifications issued on December 23, 2016; November 2, 2021; December 1, 2022; December 6, 2022; […] Read more
Dwijadas Basak Takes the Helm as Tata Power-DDL CEO Updated On Wed, Jun 11th, 2025 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL), a power utility serving approximately 9 million people in North Delhi, has appointed Dwijadas Basak as the new Chief Executive Officer (CEO) of the company, effective June 9, 2025. Commenting on his appointment, Praveer Sinha, CEO & MD, of Tata Power Company Limited said, “I welcome Dwijadas Basak as […] Read more