Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
FY25: Adani Green Energy Operational Capacity Reaches 14.2 GW Updated On Tue, Apr 15th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL) reported a 30% year-on-year increase in operational capacity to 14.2 GW in FY25, with an additional 1 GW nearing completion, the company said in its provisional operational update. The company in a recent update shared, “Adani’s energy sales rose 28% year-on-year to 27,969 million units during the fiscal year, driven […] Read more
Green Stocks April 15: Ready To Launch? Updated On Tue, Apr 15th, 2025 by Saurenergy As the markets celebrated yet another day of relative peace from the Trump White House, green stocks continued their recovery apace. Stocks like Waaree Renewable Technologies, which has announced its results tomorrow, made a particularly strong run up on expectations that an early announcement presages strong results, WRTL needs it, as it has been among […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs Updated On Tue, Apr 15th, 2025 by Saurenergy Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS). The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […] Read more
TPREL Hits 10.9 GW Capacity With NTPC’s 200 MW FDRE Deal Updated On Mon, Apr 14th, 2025 by Saurenergy Tata Power Renewable Energy Limited (TPREL), signed a Power Purchase Agreement (PPA) with NTPC Limited (NTPC), to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. Tata Power Company subsidiary’s FDRE project is spread across multiple locations in India and is set to be completed within 24 months. This project is expected to […] Read more
Green Stocks April 11: A Day To Shine Updated On Fri, Apr 11th, 2025 by Saurenergy We finally had a day where most green stocks in our pack outshone the market. While it is anyone’s guess how long the recovery will sustain, it was certainly obvious that value buyers are taking a second look at green energy after a sharp correction in many cases. The big standouts today were the wind […] Read more
JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
