Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
No Proposal To Impose Carbon Tax This Year: Govt Updated On Mon, Aug 7th, 2023 by Saurenergy The Union government claims that it has no plans to impose a Carbon Tax during the current financial year. It also added that it would continue to provide hand-holding support to electric vehicle consumers with government incentives. The response came to the fore when Minister of State for Finance Pankaj Chaudhary told the House about […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
NTPC Calls Bidders to Develop 110 MW Wind Power Project at Gujarat Updated On Thu, Aug 3rd, 2023 by Saurenergy NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has issued a tender seeking bidders towards the development of a 110 MW ISTS connected wind energy project at Khavda NTPC Renewable Energy Park, Gujarat. The last day to submit bids is September 7, 2023. Bid opens on September 7, 2023. Scope of Work The scope of […] Read more
With Recent Project Additions, Juniper Green Energy Exceeds 1.2 GW Renewable Capacity Updated On Wed, Aug 2nd, 2023 by Saurenergy Juniper Green Energy, an independent renewable energy power producer and operator of solar, wind and hybrid power projects, has crossed 1.2 GW of renewable energy capacity with the recent PPAs/ LOAs secured in the last few months. Projects Won Through Competitive Bidding The firm has been recently awarded 190 MW of wind capacity from GUVNL […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […] Read more
