Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
Adani Green Wins 1.25 GW Pumped Hydro Storage Project From UPPCL Updated On Thu, Feb 27th, 2025 by Saurenergy Adani Green Energy Limited (AGEL), has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The Panaura PSP project has a minimum commitment of 40 years. It will be located in Sonbhadra district, Uttar Pradesh, and is expected […] Read more
IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
Sineng Electric Powered 661 MW Project Goes Live In AP Updated On Fri, Feb 14th, 2025 by Saurenergy Sineng Electric, a solar and energy storage solutions providing company, has commissioned a 661MW (925MWp) solar project in Kurnool, Andhra Pradesh. Powered by Sineng’s solar energy solutions, the project has commenced commercial operations. It’s part of the 975MW hybrid renewable energy system developed by ArcelorMittal Nippon Steel India, which includes 661MW (925MWp) of solar power […] Read more
KPI Green Secures 15.90 MW Solar Plant Under CPP Segment Updated On Mon, Feb 10th, 2025 by Saurenergy The Gujarat-based KPI Green’s subsidiary, Sun Drops Energia Private Limited, has secured a letter of award (LoA) for 15.90 MWDC solar power projects under the ‘Captive Power Producer (CPP)’ segment. The KPI Green mentioned in a regulatory filing, “The company secured the award from seven entities, namely, Mexo Fiber Pvt. Ltd., Rayons, Maharaja Industries, Gautam […] Read more
Inox Wind’s New Venture Inox Solar To Bid For Govt Tenders Updated On Mon, Feb 10th, 2025 by Saurenergy Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […] Read more
Tata Power Eyes 25.6 GW Clean Energy Milestone With Mega Projects Updated On Fri, Feb 7th, 2025 by Saurenergy Indian power solutions company Tata Power is optimistic about increasing its clean energy portfolio to 25,620 MW soon. This growth comes from a wide range of green projects currently under construction. The company, which was primarily a thermal power-based firm in 2015, has since transitioned towards cleaner solutions. Tata Power currently has a total operational […] Read more
Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore Updated On Thu, Feb 6th, 2025 by Saurenergy Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore. The shares will […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
