NTPC Green To Issue IPO In The Price Band Of Rs 102 To Rs 108 Updated On Wed, Nov 13th, 2024 by Saurenergy After much wait, the green energy arm of the NTPC Group-NTPC Green Energy Limited has planned to release its Initial Public Offering (IPO) in the price band of Rs 102 to Rs 108 per equity share. The company will issue its IPO from November 19 and close it on November 22. The firm is set […] Read more
Q2: Borosil Renewables’ Exports Accounted For 13% Of Turnover Updated On Tue, Nov 12th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables claimed that the export sales of its solar glass products accounted for 13 percent of its total turnover in the latest quarter (Q2FY25). The company said that the share of its export sales has increased from the preceding quarter (Q1FY25). “Export sales, including those to SEZ customers, amounting to […] Read more
Solar’s IPO Rush: How Sustainable is it? | Saur Energy International Magazine Oct 2024 Updated On Mon, Oct 28th, 2024 by Saurenergy When people look back on the evolution of solar manufacturing in India, 2024 will be looked upon as a milestone year. For while much has happened in the previous two years to bring us to this turn, there is no doubt that 2024 will stand out for the way the capital markets welcomed solar firms. […] Read more
Oriana Power Secures 75 MW Solar Power Project At Maharashtra Updated On Mon, Oct 21st, 2024 by Saurenergy Uttar Pradesh-based Oriana Power secured an order to develop 75 MW solar power plant from Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Maharashtra. MSEDCL seeks to implement feeder level solarisation under Component C of PM-KUSUM Scheme with land and transmission line. The company has made a steady progress in the renewable energy segment as […] Read more
Waaree Energies Announces Price Band For Its IPO Updated On Wed, Oct 16th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum lot of nine equity shares, with additional shares available in […] Read more
Vikram Solar Joins IPO Line, Files DRHP Updated On Tue, Oct 1st, 2024 by Saurenergy Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […] Read more
Waaree Energies Clears SEBI Hurdle, Set For IPO Updated On Tue, Sep 24th, 2024 by Saurenergy Mumbai-based solar PV module manufacturer, Waaree Energies has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO). The company hopes to raise a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 equity shares with a […] Read more
Sunsure Energy’s Contrarian Approach Pays Off Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO), Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […] Read more
PMEA Solar Tech Solutions Limited Files DRHP for IPO Updated On Tue, Sep 17th, 2024 by Saurenergy Mumbai-based PMEA Solar Tech Solutions, a manufacturer in the solar tracking and mounting products sector in India, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 per […] Read more