Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
Exicom, ChargeZone Partner To Deploy EV Charging Stations Updated On Mon, Jan 27th, 2025 by Saurenergy Exicom, an electric vehicle (EV) charging and critical power solutions manufacturer, has joined hands with ChargeZone, an integrated e-mobility company to develop and deploy 500+ EV Charging Stations. These charging stations include charging stations integrated with renewable energy. As a part of this collaboration, Exicom will develop and supply Charging solutions to be deployed by […] Read more
Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities Updated On Wed, Jan 22nd, 2025 by Saurenergy The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects. Patel has […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
Power & Instrumentation Gets Rs. 17.07 Cr For 5 MW Solar Project Updated On Fri, Jan 17th, 2025 by Saurenergy Gujarat-based EPC company, Power & Instrumentation (Gujarat) Limited recently secured a work order of Rs. 17.07 Crores (Including taxes). It secured the order to supply, install, test, and commission plant and equipment at the site complete in all respects for the 5 MW (AC) Solar Power Project at Latur District, Maharashtra. Power and Instrumentation secured this […] Read more
NTPC REL Issues 2.5 GW BESS Tender For Its Thermal Plants Updated On Tue, Jan 14th, 2025 by Saurenergy NTPC REL recently released a tender to develop a 2500 MW/10,000 MWH Battery Energy Storage System (BESS) project. The NTPC subsidiary has planned the project as spread across NTPC thermal power stations. The last date to submit the bids is February 17, 2025. The tender document elaborated on the project’s capacity. It mentioned, “The battery […] Read more
Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity Updated On Sun, Jan 5th, 2025 by Saurenergy Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […] Read more
