Hetvi Construction Wins Big With 125 MW Solar EPC Win In Assam Updated On Thu, Mar 20th, 2025 by Saurenergy March has brought big news for Ahmedabad based Hetvi Construction Ltd. The EPC firm has made a breakthrough with its large order win for a 125 MW solar plant in Assam. The direct order from Assam Power Distribution Company Limited (APDCL) is a comprehensive EPC project with an estimated value of Rs 740.06 crores, to […] Read more
IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […] Read more
Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep Updated On Thu, Mar 6th, 2025 by Saurenergy Soon after announcing plans to develop grid-connected Floating Solar PV (FSPV) projects at the beginning of 2025, SECI has now released a tender to build such projects in Lakshadweep. These projects will be located in two locations within the union territory —Agatti and Kavaratti—and include an optional Battery Energy Storage System (BESS). SECI has set […] Read more
Site Civil Engineer Updated On Tue, Mar 4th, 2025 by Saurenergy The Site Civil Engineer for Renewable EPC (Engineering, Procurement, and Construction) Projects is responsible for overseeing and managing the civil engineering aspects of renewable energy projects at the construction site. You will ensure that all civil works are executed as per design specifications, timelines, and budget, while ensuring safety, quality, and regulatory compliance. This role […] Read more
Adani Green Raises $1.06 Billion To Refinance Rajasthan Hybrid Project Updated On Mon, Mar 3rd, 2025 by Saurenergy Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility, a $1.06 billion loan taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing raised for this refinancing has a door-to-door tenure of 19 years with a fully amortized debt structure that aligns with the asset’s lifecycle. […] Read more
Adani Fast-Tracks Khava RE Project, Commissions 275 MW Solar Project Updated On Fri, Feb 28th, 2025 by Saurenergy Adani Green Energy Twenty Five A Limited, a subsidiary of the Adani Green Energy, operationalized an incremental 275 MW of solar power project at Khavda, Gujarat. The company said in a regulatory filing, “With commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,258.1 MW.” The commissioning follows a 250 MW […] Read more
Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
MP 2025 Policy: Powering Non-RE States, Upgrading Substations Updated On Tue, Feb 25th, 2025 by Saurenergy Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […] Read more
