Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure Updated On Mon, Oct 9th, 2017 by Saurenergy The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […] Read more
India gets Lowest Wind Tariff of Rs. 2.64 per kWh in second Wind Auction of 1000 MW Updated On Thu, Oct 5th, 2017 by Saurenergy The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday. The tariff discovered is much lower than first wind auction concluded at Rs. 3.46 per kWh […] Read more
PPAs signed for first Wind Auction totalling 1050 MW Updated On Fri, Jul 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […] Read more
Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series Updated On Thu, Nov 16th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […] Read more
July 4: Green Stocks Count On News Flow, Trade Deal Updated On Fri, Jul 4th, 2025 by Saurenergy Like much of the rest of the market, green energy stocks moved based on hard news flows, even as the broader market holds its breath for an update on the US-India trade deal. As we have said earlier, while a blockbuster deal will hardly pass muster due to impending elections and other issues, a small […] Read more
Green Stocks July 3- Stocks Continue To Struggle Updated On Thu, Jul 3rd, 2025 by Saurenergy With the July 9 ‘deadline’ for an Indo-US trade agreement coming closer all the time, markets were understandably nervous about the possible outcomes. An expiry day further kept prices subdued, leading to a few breakouts among green stocks as well. Waaree Energies and Waaree RTL, however, did make an earnest push to gain ground, on […] Read more
Green Stocks July 2: Investors Remain Skittish As Trade Deadline Nears Updated On Wed, Jul 2nd, 2025 by Saurenergy While hopes of a good Q1 show might yet be alive, it is clear that for now, markets are more preoccupied with the looming deadline of July 9 for an India-US trade agreement. While the data has no special significance other than being an arbitrary target date, the fact remains that even a small deal, […] Read more
July 1: Green Stocks Seek Direction Updated On Tue, Jul 1st, 2025 by Saurenergy With Q1 finally behind the pack, it was obvious that, much like the market, green stocks would also be seeking direction going ahead. A key factor will be the India-US trade agreement, if it is announced, even an abridged version as indicated, in the next two weeks. One feels the whole market will let out […] Read more
Green Stocks June 30: Most Stocks End Month With A Flourish Updated On Mon, Jun 30th, 2025 by Saurenergy As Q1 drew to a close today, most of the green stocks trended up, with Waaree Energies leading the charge on the back of its 540 MW order win announced after market hours on Friday last. The order win, in the US market, was seen as further proof that the company is well hedged from […] Read more