Aditya Birla Renewables Appoints Amit Jain As Its New CEO Updated On Fri, Apr 4th, 2025 by Saurenergy Amit Jain, a senior business leader with over 30 years of experience in renewables, energy (power, oil & gas), and telecom infrastructure, has joined Aditya Birla Renewables as its new Chief Executive Officer (CEO). An EPC sector veteran, Jain has worked across renewable energy, oil and gas, chemical and process plants, power transmission, and telecom […] Read more
Govt Expands Transmission Project Area In Bidding Rule Update Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […] Read more
Green Stocks April 4: No Respite As US Tariffs Continue To Trip Up markets Updated On Fri, Apr 4th, 2025 by Saurenergy After having apparently dodged the worst of the impact from US Tariff announcements today, there was no escaping the impact today. the Indian markets followed most global markets in going for a dive. Markets are clearly digesting the uncertainty of follow on actions on April 9 from the US spreading to more sectors, as well […] Read more
Senvion India Launches 3.1M130 Wind Turbine With RLMM Entry Updated On Fri, Apr 4th, 2025 by Saurenergy Senvion India’s 3.1M130 wind turbine has been included in the Ministry of New and Renewable Energy’s (MNRE) Revised List of Models and Manufacturers (RLMM) issued in April 2025, the company said. It plans to begin grid-connected commercial installations across the country soon. The Indian firm, owned by Saudi based Alfanar group hopes to wrest a […] Read more
No Viability Gap Funding Released For BESS In FY25: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […] Read more
BrightNight India Appoints Kapil Kasotia As Chief Operating Officer Updated On Fri, Apr 4th, 2025 by Saurenergy BrightNight, a global renewable energy producer with a strong Indian presence, has appointed Kapil Kasotia as Chief Operating Officer (COO) for its India operations, as it looks to accelerate execution of its multi-gigawatt dispatchable renewable energy projects across key states. Kasotia brings over 20 years of experience in the renewable energy and infrastructure sectors. He […] Read more
FY 25: IEX Registers 121 Billion Units of Power Traded Updated On Fri, Apr 4th, 2025 by Saurenergy In its March update, Indian Energy Exchange, has achieved its highest ever electricity traded volume of 121 BUs in FY’25, registering an increase of 19% Year-Over-Year (YoY). IEX also recorded the highest-ever yearly trade of RECs in FY’25. A total of 178 lakh Renewable Energy Certificates were traded during the year, marking a 136 % […] Read more
176 GW Of Renewable Projects Under Implementation: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 175.89 MW of renewable energy projects in the country are under implementation. The information was shared by the Union Minister of State for New and Renewable Energy, Shripad Yesso Naik, on the floor of Parliament. In response to an unstarred question on the milestones of […] Read more
PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […] Read more
