IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds Updated On Tue, Mar 25th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […] Read more
Green Financier Ecofy Secures USD 12.5 Million From IFU Updated On Tue, Mar 25th, 2025 by Saurenergy Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […] Read more
Assam Discom Issues Tender For 1 GW Solar project Updated On Mon, Mar 24th, 2025 by Saurenergy The Assam Power Distribution Company has invited sealed bids for the development and execution of EPC activities for the commissioning of a 1,000 MWp / 750 MWAC solar PV plant in the Karbi Anglong district of Assam on a turnkey basis. It will also include a 400 kV / 33 kV pooling substation. The last […] Read more
Tata Power Rooftop Solar Crosses 1.5L Installations Updated On Thu, Mar 20th, 2025 by Saurenergy Tata Power Solar Rooftop has surpassed 1,50,000 rooftop solar installations across India. Meanwhile, the total capacity of its rooftop solar installations nationwide has now reached around 3 GW, the company said today. “With a robust presence in 700 + cities, Tata Power Solar Rooftop, a part of Tata Power Renewable Energy Limited (TPREL), remains at […] Read more
Chennai Offers Ideal Access To Southern RE Market: Julian Thomas Updated On Thu, Mar 20th, 2025 by Saurenergy 1. How Informa Markets is planning to boost the growth of the renewable industry through the upcoming RenewX event in Chennai? RenewX Expo has played a significant role in driving the renewable energy industry forward, especially in South India. From 2015 onwards, RenewX Expo is making all possible attempts to support government policy, manufacturers, developers, […] Read more
IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […] Read more
Insolation Green Secures Rs. 733.04 Cr Supply Order From KPI Green Updated On Wed, Mar 19th, 2025 by Saurenergy Insolation Green, a subsidiary of Insolation Energy, has secured a Rs. 513.13 crore project from KPI Green Energy under Phase-1 of the project. As per the latest order, KPI Green will utilize N-type bifacial (G to G) solar PV modules for the Gujarat Urja Vikas Nigam Limited (GUVNL) project, which is scheduled between June 2025 […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
Over $900M Mobilized For Clean Energy At 2025 SEforALL Forum Updated On Mon, Mar 17th, 2025 by Saurenergy The SEforALL Global Forum committed over USD 900 million to scale energy access and drive the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. The SEforALL Global Forum held from 12-13 March in Bridgetown was co-hosted by SEforALL and the Government of Barbados […] Read more
