IndiGrid to Buy Rs. 2,100Cr Transmission, Solar Assets From ReNew Updated On Mon, Jun 9th, 2025 by Saurenergy India’s power sector infrastructure investment trust (InvIT) has executed definitive agreements to acquire one solar and one transmission asset, aggregating to an Enterprise Value (EV) of approximately Rs. 2,108 crore, excluding any net working capital and cash adjustments. Inclusive of the adjustments the EV shall not exceed ~Rs. 2,175 crore. The solar asset, Renew Solar […] Read more
CESC Arm Signs 1 GW Wind Turbine Deal With Envision Energy Updated On Fri, Jun 6th, 2025 by Saurenergy Kolkata-based Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a framework agreement with Envision Energy India Private Limited for the supply and commissioning of 1 gigawatt (GW) of wind turbine generators (WTGs). The agreement also includes operation and maintenance (O&M) services for 10 years following the commissioning of the WTGs. […] Read more
Shree Cement Now Sources 60% of Power from Renewables Updated On Thu, Jun 5th, 2025 by Saurenergy Shree Cement has achieved a key milestone in its decarbonisation efforts, with over 60 percent of its total electricity consumption now coming from renewable sources. The development was marked by the commissioning of a 60.3 MW solar power plant in Jodhpur, Rajasthan, adding to its total green energy capacity of 582 MW. The company’s growing […] Read more
Serentica Clinches $100 mn Loan for BALCO Solar Project Updated On Thu, Jun 5th, 2025 by Saurenergy Serentica Renewables has secured more than USD 100 million in external commercial borrowing (ECB) from Rabobank and Société Générale to develop a 300 MW solar project in Rajasthan that will supply power to Bharat Aluminium Company Ltd (BALCO), a subsidiary of the Vedanta Group. This marks Serentica’s second ECB deal, reinforcing the company’s push to […] Read more
Solar’s Next Big Challenge- Sustainable Growth Updated On Mon, Jun 2nd, 2025 by Saurenergy It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […] Read more
SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project Updated On Fri, May 30th, 2025 by Saurenergy SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd., has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […] Read more
FY25 Results: Suzlon Revenue Jumps 67% to ₹10,851 Cr Updated On Thu, May 29th, 2025 by Saurenergy Suzlon Group, a wind energy solutions provider, announced its fourth quarter (Q4 FY25) and annual audited results for the financial year 2024-25 (FY25). The company claims to see Highest-ever Performance in 10 years, v/s FY15. Suzlon reported Profit before exceptional items and tax at Rs 1,447 crores. Whereas, its Profit After Tax at Rs 2,072 […] Read more
Saatvik Green Energy Marks 10 Years In India’s Solar Sector Updated On Thu, May 29th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Green Energy Ltd (SGEL) on Wednesday marked its 10th anniversary, highlighting a decade of operations in the country’s clean energy sector. Founded on May 29, 2015, as Saatvik Green Energy Pvt Ltd, the company was incorporated under the Companies Act, 2013. It transitioned to a public limited company in September […] Read more
Koraam New Energie Sees Surge in Solar Pump Installations Updated On Mon, May 26th, 2025 by Saurenergy Koraam New Energie, powered by Gujarat-based Kosol Energie, has recorded a sharp rise in solar water pump installations for fiscal year 2024–25, increasing its footprint in the Indian solar irrigation market. The company secured a major work order under Component B of the PM-KUSUM Scheme, with a total allocation of 5,500 solar pumps valued at […] Read more
