ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal Updated On Wed, Feb 12th, 2025 by Saurenergy India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion). ONGPL has signed a share purchase agreement with the current stakeholders National […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Rajasthan: POWERGRID Commissions RE Evacuation Projects Updated On Thu, Jan 23rd, 2025 by Saurenergy POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
SECI Plans To Build Floating Solar With BESS Project In Lakshadweep Updated On Fri, Jan 17th, 2025 by Saurenergy Lakshadweep, the island union territory in India, is exploring floating solar options to meet its energy requirements. One of the leading Renewable Energy Implementing Agencies (REIAs), Solar Energy Corporation of India (SECI), intends to develop a floating solar project on the island. To give impetus to this goal, SECI recently released a Notice Inviting Tender […] Read more
Teerth Gopicon, Reliance Win SJVN’s 5.8 MW Rooftop Solar Bid Updated On Wed, Jan 8th, 2025 by Saurenergy SJVN has declared Teerth Gopicon and Reliance Industries as the winners of its 5,830 kW grid-connected solar project tender. The tender was floated under the PM Surya Ghar scheme. The tender for this project was released in September, and the results were declared within four months. According to the tender results, Teerth Gopicon secured 5,705 […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
Can COP29 Help In Expediting Renewable Growth In India? Updated On Mon, Nov 11th, 2024 by Saurenergy The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […] Read more
