Debt-Free Suzlon Energy Now Aims For 60% Growth Updated On Thu, Jun 12th, 2025 by Saurenergy In a bold shift from its troubled past, Suzlon Energy is setting its sights on a 60 percent jump in revenue, profit, and deliveries for FY26, marking its most confident strategic pitch yet for renewed dominance in India’s wind energy landscape. The ambition, outlined during the company’s recent earnings call, comes as Suzlon emerges debt-free […] Read more
RERC Issues Draft Procedure for Grid Connectivity For ISTS Network Updated On Thu, Jun 12th, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft procedure for granting connectivity to the intra-state transmission system (InSTS), marking a key regulatory step toward standardizing and streamlining access to the state’s transmission network. Issued under Regulation 17 of the Rajasthan Electricity Grid Code Regulations, 2024, the draft document is intended to guide various […] Read more
Maharashtra: NIRL, MAHAPREIT To Form JV For 2 GW RE Projects Updated On Thu, May 29th, 2025 by Saurenergy NLC India Renewables Limited (NIRL), a NLC India Limited subsidiary, signed a Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) at Mumbai on 29th May 2025. This collaboration is key in NIRL’s expansion and foray into Maharashtra’s renewable energy sector. The Joint Venture Company (JVC) to be formed under […] Read more
Green Stocks May 27- Green Developers Resist Slide Updated On Tue, May 27th, 2025 by Saurenergy On a day when the markets slumped significantly after a quiet start, the green energy pack did well to resist losing too many of the gains made yesterday. Large developers like Adani Green, NTPC Green, and even the public sector SJVN managed to eke out gains on a day when the selling pressure was high. […] Read more
UPERC Proposes Tighter Norms For Banking Renewable Energy Updated On Tue, May 13th, 2025 by Saurenergy In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […] Read more
ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel Updated On Fri, May 9th, 2025 by Saurenergy ArcelorMittal’s 1GW solar and wind project located in Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel. The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […] Read more
India’s Renewable Energy Sector Sees Surge In FDI: CEEW Updated On Thu, May 8th, 2025 by Saurenergy India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […] Read more
5 Challenges For India’s 500 GW Clean Energy Target Updated On Mon, May 5th, 2025 by Saurenergy India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […] Read more
JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA Updated On Thu, May 1st, 2025 by Saurenergy JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […] Read more