ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects Updated On Wed, Mar 5th, 2025 by Saurenergy ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […] Read more
PM-KUSUM: Hariom Pipe Secures 60 MW Project, Forays Into RE Updated On Wed, Mar 5th, 2025 by Saurenergy Hariom Pipe Industries Limited (HPIL) has entered the renewable energy sector, securing a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW (AC) Solar Photovoltaic Power Generating Stations. This project falls under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, which aims to implement feeder-level solarization under Component C […] Read more
Brookfield Announces Sale of 1.6 GW of RE Assets To Gentari Updated On Wed, Mar 5th, 2025 by Saurenergy Brookfield Asset Management, an alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”). These will be structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, is […] Read more
Lakshadweep Opens Bids For Hybrid Rooftop Solar Project Updated On Wed, Mar 5th, 2025 by Saurenergy The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS). The last date for bids submission is March 21st, 2025. The selected bidder will be responsible for, “Supply, Installation, Testing, Commissioning and Operation and Maintenance of 2,107 kW Hybrid […] Read more
Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX Updated On Wed, Mar 5th, 2025 by Saurenergy Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […] Read more
NLC India, Adyant Secure SJVN Wind Project Updated On Wed, Mar 5th, 2025 by Saurenergy NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, Government of India, received a Letter of Award (LoA) for a 200 MW Wind Power Project from SJVN Limited at a tariff of Rs. 3.74/kWh. Meanwhile, Adyant Enersol secured a 112 MW wind project at a tariff rate of Rs. 3.81/kWh. NLC India […] Read more
PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA Updated On Wed, Mar 5th, 2025 by Saurenergy Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across Maharashtra. The work order […] Read more
Green Stocks March 4: Some Respite For Green Stocks Updated On Tue, Mar 4th, 2025 by Saurenergy The stock market today saw a marginal growth today after a long halt, with companies like Borosil Renewables gaining 5%. Other companies on the green stocks list saw a price increase. These included Sterling and Wilson Renewable and Acme Solar. On the other hand, Gensol Engineering’s stock dropped another 20% today. Moreover, the green stock […] Read more
Enfinity Eyes Expansion in Gujarat, Andhra, TN & Beyond Updated On Tue, Mar 4th, 2025 by Saurenergy In this interview with Saur Energy, Sandip Agarwal, Chief Executive Officer (CEO) India, of Enfinity Global—a US-based company—shared the company’s plans to steadily expand its presence in India. In the interview Enfinity Global revealed that it is actively exploring new opportunities in Gujarat, Andhra Pradesh, Tamil Nadu, Chhattisgarh, Odisha, and Haryana. The company also shared […] Read more