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IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […]

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France’s EDF In Separate Deals with NTPC, Coal India For PSP, Renewable Projects

It’s been a busy weekend for French Energy major EDF in India, as the French government backed utility signed agreements with NTPC Limited, a Maharatna company of India to  develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and […]

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Green Stocks Feb 21: Stocks Struggle To Hold Gains

It was deja vu time for green energy shareholders today, as most stocks struggled to hold on to the gains made yesterday. Shakti Pumps which had been pumped up a full 5% yesterday, and EPC player Waaree RTL were the exceptions, as they continued to build on yesterday’s gains. Others like Premier Energies continued to […]

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TAOKE ENERGY, CATL Reach 300 MWh Battery Procurement Deal

TAOKE Energy and CATL reached a battery procurement agreement with a total capacity of 300MWh on the second day of the World Smart Energy Week exhibition in Japan. The batteries will be used for TAOKE ENERGY’s grid-scale ESS projects during 2025. Since 2023, TAOKE ENERGY has been focused on the development and sales of high-voltage […]

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Goldi Solar To Launch IPO Likely Within 12-15 Months

Indian solar module manufacturer Goldi Solar has planned to launch its Initial Public Offering (IPO) and enter into the Indian Stock Market likely in the next one year. The top management of the firm told Saur Energy that work towards the same has already begun. The Surat-based company is on an expansion spree. It has […]

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Now, a Solar Soundbox From PayTm

Leading payments and financial distribution firm Paytm has launched what it terms India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power. The PayTm app enables users to link their bank accounts and create UPI handles for seamless payments. Paytm has been a pioneer of QR codes, Soundbox, and […]

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Only 30-40% of EV Supply Chain Localized: ICRA

Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […]

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Assam DISCOM Issues Tender For 134 MW Rooftop Solar Projects

Assam Discom, Assam Power Distribution Company (APDCL) has recently released a tender to develop 134 MW Grid Connected rooftop solar (RTS) projects (without battery storage) on different Government Buildings under PM Surya Ghar: Muft Bijli Yojana. It is accepting bids till 11th March 2025  APDCL’s latest tender consists of three packages, it mentioned the project […]

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Saatvik Solar Initiates Works To Commence Solar Cell Production

Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […]

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