APTEL Upholds ‘Change in Law’ Claims for O&M Expenses Updated On Wed, Jun 4th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has set aside a 2022 order of the Madhya Pradesh Electricity Regulatory Commission (MPERC) in a case concerning GST-related cost claims by ReNew Clean Energy Private Limited, an independent power producer (IPP). The tribunal ruled in favour of ReNew, recognizing the introduction of the Goods and Services Tax (GST) […] Read more
Green Stocks May 28: Stocks In Consolidation Mode Updated On Wed, May 28th, 2025 by Saurenergy Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all […] Read more
FY25: Mufin Green Finance Reports 20% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […] Read more
SECI Awards 1.2 GW RTC Renewable Tender To Hero, Hexa, Semcorp, Jindal & ABC Cleantech Updated On Mon, May 26th, 2025 by Saurenergy Solar Energy Corporation of India has now awarded its 1.2 GW round-the-clock (RTC) renewable energy tender to five developers—Hero Solar Energy, Hexa Climate Solutions, Sembcorp Green Infra, Jindal India Power, and ABC Cleantech. SECI allocated 420 MW capacity out of its 1.2 GW round-the-clock (RTC) tender. SECI floated the tender for this project in November 2024 […] Read more
Green Stocks May 23: Weekend Portends Volatile Period Ahead Updated On Fri, May 23rd, 2025 by Saurenergy With yet another month a week ago from closing, our green energy pack might yet end with some gains in May, unless some more surprises lie ahead. The big one today was of course the impact of the US move to strip benefits for solar manufacturing firms, which took down all the solar manufacturing firms […] Read more
NGEL Wins NHPC’s 80 MW/320 MWh BESS Project In Kerala Updated On Thu, May 22nd, 2025 by Saurenergy NTPC Green Energy Limited (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025. NTPC’s renewable energy arm, NGEL secured a cumulative capacity of 80MW/320MWh/Month under the competitive bidding process. Whereas, Gujarat-based Opera Energy secured a 15 MW/50 MWh project for Rs. Rs. 4.38 Lac/MW/Month. […] Read more
5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct) Updated On Thu, May 22nd, 2025 by Saurenergy India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According […] Read more
RERC Orders Compensation To Wind Firms For Bird Diverter Costs Updated On Wed, May 21st, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has ruled that wind energy companies are entitled to compensation for the mandatory installation of bird diverters to protect the endangered Great Indian Bustard, classifying the expense as a “Change in Law” under their power contracts. The Rajasthan Electricity Regulatory Commission (RERC) issued the order in response to petitions […] Read more
FY25: Premier Energies Reports Four-Fold Increase In Profits Updated On Tue, May 20th, 2025 by Saurenergy Premier Energies, the Hyderabad-based solar module and solar cell manufacturer, has announced its financial results for Q4 of FY25 and the annual results for FY25. The firm, which forayed into the stock market last year, reported a 167 percent year-on-year (YoY) rise in net profit for the fourth quarter (Q4) of fiscal year 2024–25, driven […] Read more
