CERC Adopts Tariff For 600 MW Unsold Energy From SECI Updated On Tue, Feb 4th, 2025 by Saurenergy In a welcome development for SECI (Solar Energy Corporation of India) and related stakeholders, the Central Electricity Regulatory Commission (CERC) agreed to adopt the tariff for the full tranche of 900 MW of capacity, even as SECI has tied up for PPAs and PSAs for just 300 MW at the time of the order. The […] Read more
O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr. Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […] Read more
Jakson Green & Blueleaf Energy Tie-Up For 1 GW Solar Portfolio Updated On Thu, Jan 30th, 2025 by Saurenergy Jakson Green (JGPL), a leading new energy transition platform, and Blueleaf Energy (Blueleaf), a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, have announced their strategic partnership with a 1-gigawatt (GW) solar portfolio in Rajasthan, representing an investment of USD 400 million. The partnership will focus on jointly developing and building […] Read more
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
Enfinity Global Gets 2 GW Connectivity For Solar, Wind Projects In India Updated On Tue, Jan 28th, 2025 by Saurenergy The US-based renewable energy and sustainability services company Enfinity Global, recently secured connectivity for 2 GW of utility-scale solar PV and wind projects. The company secured the project in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka in India. This strategic development represents a key for the firm to expand its renewable energy portfolio in India. The […] Read more
NHPC To Develop J&K Rooftop Projects Under RESCO Mode Updated On Tue, Jan 21st, 2025 by Saurenergy National Hydroelectric Power Corporation (NHPC), on behalf of NHPC Renewable Energy Limited (NHPC REL), recently released a tender for a rooftop solar project. These projects are also located for various departments, including Law, Justice and Parliamentary Affairs, Jal Shakti, Irrigation & Flood Control, Forest, Ecology & Environment, and Home, in the union territory (UT), Jammu […] Read more
NLC India Signs Pact With Assam Utility To Spur Solar Projects Updated On Mon, Jan 13th, 2025 by Saurenergy NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has signed a Joint Venture (JV) agreement with Assam Power Distribution Company Limited (APDCL) to bolster energy security and promote solar energy in Assam. The pact aims to establish 1,000 MW of green energy projects, reinforcing the state’s commitment to sustainable power solutions. […] Read more
ReNew Slots In The Top 10 Percentile In S&P Corporate Sustainability Scores Updated On Fri, Jan 10th, 2025 by Saurenergy ReNew has scored 71, registering a remarkable ~30% enhancement in its score This achievement places ReNew in the top 10 percentile of the global energy sector ReNew Energy Global Plc, which has consistently been among the top 3 renewable energy and now decarbonization solutions provider over the past three years in India, has another […] Read more
