CERC Eases Rules to Permit REC Issuance Despite Delays Updated On Wed, Apr 2nd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, relaxed existing norms to allow the issuance of Renewable Energy Certificates (RECs) for the Himachal Pradesh State Electricity Board Limited (HPSEBL). The board had earlier approached the central power regulator seeking intervention. The state board alleged it was deprived of RECs due to procedural delays. […] Read more
AMPIN Signs Pact With Poly Medicure To Boost Solarisation Updated On Tue, Apr 1st, 2025 by Saurenergy AMPIN Energy Transition has signed a power purchase agreement (PPA) with medical device manufacturer Poly Medicure to supply 9.9 MWp of solar power to its five plants from AMPIN’s 75 MWp solar park in Kurungawali Sirsa, Haryana. Under the deal, about 35% of Poly Medicure’s power consumption at its five Faridabad plants will be replaced […] Read more
India Adds 1,167 Training Centers & 926 ITIs/NSTIs For RE Skilling Updated On Tue, Apr 1st, 2025 by Saurenergy The latest data shared by the Union Minister of State for New and Renewable Yesso Naik revealed that 1,167 training centers/institutes and approximately 926 ITIs/NSTIs are currently operational, along with centers affiliated with the National Institute for Entrepreneurship and Small Business Development (NIESBUD), to facilitate renewable energy skilling and training. Out of these, 903 ITIs/NSTIs […] Read more
UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project Updated On Fri, Mar 28th, 2025 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […] Read more
ONGPL Completes 100% Acquisition Of Ayana Renewable Updated On Fri, Mar 28th, 2025 by Saurenergy ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025, a media statement from the venture said today. Ayana, a renewable energy platform, has a capacity of […] Read more
IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo Updated On Fri, Mar 28th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […] Read more
Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh Updated On Fri, Mar 28th, 2025 by Saurenergy Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […] Read more
NTPC Plans 813 MW Wind Project In Bellary, Issues Tender Updated On Fri, Mar 28th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the supply and installation of wind turbine generators (WTGs) for an 813 MW (271 WTG) wind energy project in Bellary, Karnataka. The NTPC tender specifies that the wind energy project must have a minimum capacity of 813 MW, corresponding to 271 locations. It set April […] Read more
60% Of Municipal Bonds Miss Being Labelled Green: CEEW-GFC Updated On Fri, Mar 28th, 2025 by Saurenergy Municipal green bonds could mobilize up to Rs. 20,000 crore (USD 2.5 billion) by 2030, unlocking critical funding for civic and climate-resilient urban growth in India, according to a new independent report released by the CEEW Green Finance Centre (CEEW-GFC). The report, Unlocking Green Finance for India’s Urban Local Bodies Through Municipal Green Bonds, finds […] Read more
