Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
Bigger & Faster – South India’s Renewable Comeback Updated On Wed, Apr 16th, 2025 by Saurenergy South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Nagaland Govt Allocates Rs. 10 crore For Solar Mission Updated On Mon, Apr 14th, 2025 by Saurenergy Nagaland Chief Minister Neiphiu Rio has now launched the Nagaland Solar Mission, a state-level initiative aimed at accelerating the adoption of residential rooftop solar power systems. The programme is aligned with the central government’s PM Surya Ghar Muft Bijli Yojana and seeks to make clean energy more accessible and affordable for households across the state. […] Read more
TPREL Hits 10.9 GW Capacity With NTPC’s 200 MW FDRE Deal Updated On Mon, Apr 14th, 2025 by Saurenergy Tata Power Renewable Energy Limited (TPREL), signed a Power Purchase Agreement (PPA) with NTPC Limited (NTPC), to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. Tata Power Company subsidiary’s FDRE project is spread across multiple locations in India and is set to be completed within 24 months. This project is expected to […] Read more
NHPC Operationalizes 107.14 MW Rajasthan Solar Project Updated On Mon, Apr 14th, 2025 by Saurenergy NHPC began commercial operations for 107.14 MW of its 300 MW Karnisar Solar Power Plant in Bikaner, Rajasthan, effective April 12, 2025, the company told in a regulatory filing. The company completed trial runs for the commissioned capacity on April 10 and informed the stock exchanges through a regulatory filing. NHPC said the trial run […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
NTPC REL Floats Tender For 1 GW Solar BoS Package In Bikaner Updated On Thu, Apr 10th, 2025 by Saurenergy NTPC Renewable Energy Ltd (NTPC REL) has invited bids for a Balance of System (BoS) package to develop a 1 GW (2×300 MW + 2×200 MW) grid-connected solar power project in Bikaner, Rajasthan. The last date for bid submissions is April 21, 2025. The NTPC REL tender mandates the bidder to develop the project and […] Read more
