APTEL Clears NTPC of Metering Liability in Solar Project Case Updated On Thu, May 15th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) in its latest judgement has ruled in favour of NTPC Ltd., overturning a CERC order that had held the state-run energy major responsible for meter sealing in solar power projects, a finding that contributed to delays in project commissioning. In the judgment, APTEL allowed NTPC’s appeal against the Central […] Read more
Q4 Results: Tata Power Sees 25% Growth In Profit Updated On Wed, May 14th, 2025 by Saurenergy Tata Power on Wednesday reported a 25 percent year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2025, as strong operational momentum and higher energy demand boosted earnings. The company posted a net profit of ₹1,306.62 crore for Q4 FY25, compared to ₹1,045.59 crore in the same quarter last year. However, […] Read more
Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more
Ciel & Terre Commissions One of India’s Largest Floating Solar Projects Updated On Tue, May 13th, 2025 by Saurenergy Ciel & Terre has successfully commissioned India’s largest floating solar project, a 120 MWp floating solar plant at Omkareshwar in Madhya Pradesh. This project, which was inaugurated in August 2024, was developed in partnership with L&T and SJVN Green Energy Limited. The energy generated will be supplied to Rewa Ultra Mega Solar Limited (RUMSL). Located […] Read more
Pakistan’s Unexpected Solar Boom Comes With Pitfalls For the Future Updated On Tue, May 13th, 2025 by Saurenergy In recent weeks, Pakistan has been cited as an example of a solar success increasingly. The reason? An unprecedented boom in solar capacity additions, perhaps as high as 15 GW in 2024, that have helped the country leapfrog its way to the top 6 solar markets worldwide. Powered by Cheap Chinese imports that face little […] Read more
Gujarat Aims To Formulate Norms For Solar Waste Recycling Updated On Tue, May 13th, 2025 by Saurenergy The Gujarat Energy Development Agency (GEDA) has invited bids from research organizations to conduct a comprehensive study on recovering valuable materials from solar and electronic waste, as part of a broader plan to develop formal norms for solar waste recycling in the state. It is noteworthy that Gujarat is home to the largest number of […] Read more
India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi Updated On Mon, May 12th, 2025 by Saurenergy Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […] Read more
Guj Solar Project: BluPine Energy Secures ₹376cr Financial Closure Updated On Mon, May 12th, 2025 by Saurenergy BluPine Energy Private Limited, a renewable energy platform backed by Actis, today announced the successful financial closure of ₹376 crore in debt funding for its 100 MW solar power project in Tharad, Banaskantha district, Gujarat. The project, being developed under BluPine’s wholly owned subsidiary Solarcraft Power India 5 Pvt. Ltd., is part of the GUVNL […] Read more
SJVN Awards 1.2 GW Solar-Plus-Storage Tender To Six Firms Updated On Fri, May 9th, 2025 by Saurenergy SJVN Ltd has awarded its 1.2 GW solar-plus-energy-storage tender to six developers, including Anil Ambani promoted Reliance NU Energies, Sembcorp Industries Ltd, Jindal India Renewable Energy, JBM Group, SAEL Ltd, and Fastnote Biofuels (Hindustan Power), the company said. SJVN tender for this project was issued eight months ago in in August 2024 and attracted 18 […] Read more
