Shakti Pumps’ Profit Nearly Triples In FY25, Revenues Up By 84% Updated On Sat, May 10th, 2025 by Saurenergy Indore-based Shakti Pumps (India) Limited, a manufacturer of solar-powered water pumping systems, has reported an outstanding financial performance for the fiscal year ended March 31, 2025. The company registered an 84.3% year-on-year (YoY) growth in annual revenue and nearly tripled its net profit, underscoring strong demand momentum and efficient execution across its operations. Quarterly results […] Read more
Solving the Smart Metering Bottleneck: The Meters Aren’t the Real Problem Updated On Mon, May 5th, 2025 by Saurenergy After a decade of investment, trials, and large-scale rollouts, utilities have largely solved the problem of collecting data from smart meters. The infrastructure is in place, head-end systems are deployed, and data is flowing. But here’s the uncomfortable truth: what should have been a foundational step toward transformation has become a new kind of lock-in. […] Read more
Global EV Battery Standards Tighten: What It Means for the Electric Mobility Updated On Thu, Apr 24th, 2025 by Saurenergy Electric vehicles (EVs) have shifted from niche to mainstream, and the EV batteries are becoming a critical influencer of their rate of adoption worldwide. In just the last couple of years, EV sales and boom in the related battery market have shattered records worldwide, led by markets like China, Europe, and the United States. This […] Read more
SOFAR Debuts On Shenzhen Stock Exchange Updated On Tue, Apr 15th, 2025 by Saurenergy SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders. The listing marks support the company’s role in China’s “Dual Carbon” […] Read more
Borosil Renewables Receives Incentives From Gujarat Updated On Wed, Apr 9th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables has now received an incentive of Rs 7.77 crore from the Gujarat government. The company in its latest filing before the exchanges, informed its investors about the latest event. The state government gave this funding for commissioning of its new furnace in the state for the production of solar […] Read more
PM-KUSUM: Gujarat Discom Gets The Lowest Tariff of Rs 2.15/kWh Updated On Tue, Apr 8th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now approved the tariffs for Component-C of the PM-KUSUM scheme. Earlier, Madhya Gujarat Vij Company Limited (MGVCL) had approached the state electricity regulator seeking to adopt the tariffs. These tariffs were discovered through a tariff-based competitive bidding process. Earlier, a tender was floated by MGVCL seeking parties who […] Read more
Govt Expands Transmission Project Area In Bidding Rule Update Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […] Read more
176 GW Of Renewable Projects Under Implementation: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 175.89 MW of renewable energy projects in the country are under implementation. The information was shared by the Union Minister of State for New and Renewable Energy, Shripad Yesso Naik, on the floor of Parliament. In response to an unstarred question on the milestones of […] Read more
Govt Proposes Mandating RE for Open Access, Captive Users Updated On Fri, Mar 28th, 2025 by Saurenergy The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […] Read more
