Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
Green Stocks Feb 20: Stocks Continue to Recover Lost Ground Updated On Thu, Feb 20th, 2025 by Saurenergy It was yet another day for green energy stocks to mount a determined effort to recover the ground they have lost, although one still has to wonder if this one will last. That meant, other than Premier Energies, almost every stock gained during the day with some like Shakti Pumps, Acme Solar, Sterling and Wilson […] Read more
Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr Updated On Tue, Feb 18th, 2025 by Saurenergy Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […] Read more
Govt Amends Bidding Rules, Tightens Default Penalties Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […] Read more
NTPC REL Issues Tender To Build 110 MW Wind Project in Khavda Updated On Mon, Feb 17th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), has issued a tender to install Wind Turbine Generators for a 110 MW Inter-State Transmission System (ISTS-Connected) wind energy project. NTPC’s renewable energy arm is set to develop this project at Khavda NTPC RE Park. It has sought bids for the project up till March 25th, 2025.  NTPC REL […] Read more
NHPC Issues 500 MW/1000 MWh BESS Tender For Andhra Project Updated On Mon, Feb 17th, 2025 by Saurenergy NHPC Limited has now come up with a fresh tender to boost energy storage projets in Andhra Pradesh. The Navratna company issued a tender accordingly. The tender seeks developers to develop a 500 MW/1000 MWh energy storage project under Tranche II. These will be developed near substations of the STU network in Andhra Pradesh. The […] Read more
India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn Updated On Wed, Feb 12th, 2025 by Saurenergy Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […] Read more
MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
Green Stocks Feb 11: Meltdown Continues, In Sync With market Updated On Tue, Feb 11th, 2025 by Saurenergy Green stocks continued their slide towards normalcy, at the cost of heavy losses for many investors, as the Indian markets continued to be skittish. While the current bout of weakness can be attributed mostly to the fear of a global tariffs war, ignited by Donald Trump, the larger worry is about how a tariffs-ridden global […] Read more
