ReNew Power Signs MoU With IIT Delhi To Set Up A Research Facility On Renewable Energy Updated On Wed, Nov 23rd, 2016 by Saurenergy ReNew Power has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Delhi (IITD) to set up a research facility on renewable energy. The MoU was signed in the presence of President of India, Pranab Mukherjee at the Rashtrapati Bhavan. ReNew Power notes that MoU is aimed at encouraging and nurturing talent […] Read more
ReNew Power announces public issue of NCD worth Rs.500 cr Updated On Thu, Nov 17th, 2016 by Saurenergy India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […] Read more
OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana Updated On Tue, Nov 15th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […] Read more
ReNew Power acquires 5-MW Solar Plant PPA for Chandigarh International Airport Updated On Thu, Aug 4th, 2016 by Saurenergy ReNew Power Ventures Private Limited, one of the India’s top renewable energy company has acquired a PPA for 5-MW solar plant installation from Chandigarh International Airport (CHIAL). The solar project is said to use Single Axis Tracker Technology for improved efficiency. The agreement duration for the 5-MW project is 25 years and was earlier in […] Read more
ReNew Power signs PPA with DMRC for 6 MW solar rooftop project Updated On Wed, Jun 22nd, 2016 by Saurenergy ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […] Read more
ReNew Power & Hareon Solar JV Commissions 72 MW Project in Andhra Pradesh Updated On Tue, May 17th, 2016 by Saurenergy Leading solar players in the Indian and Chinese PV markets, ReNew and Hareon Solar Power has announced that their joint venture company has commissioned 72 MW solar PV plant project in Andhra Pradesh, India. The project, located across two districts of Andhra Pradesh – Kurnool and Prakasam – is expected to generate 115 million units […] Read more
ReNew Power inks PPAs for 286 MW Solar Project in Telangana Updated On Wed, Mar 9th, 2016 by Saurenergy The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […] Read more
Tata Power Stock Powers On In Renewable Pack On April 9 Updated On Tue, Apr 9th, 2024 by Saurenergy On a day when the markets corrected mildly, the renewable pack reflected markets sentiments, albeit with much more volatility. Heavyweight Tata Power was the standout, moving 3.39% during the day to Rs 430.40. Solar Pump leader Shakti Pumps, fresh from a successful QIP, was back in the green, moving up 2.3% to Rs 1474. All […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
