India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks Updated On Thu, Mar 6th, 2025 by Saurenergy India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […] Read more
NLC India, Adyant Secure SJVN Wind Project Updated On Wed, Mar 5th, 2025 by Saurenergy NLC India Limited (NLCIL), a Navratna company under the Ministry of Coal, Government of India, received a Letter of Award (LoA) for a 200 MW Wind Power Project from SJVN Limited at a tariff of Rs. 3.74/kWh. Meanwhile, Adyant Enersol secured a 112 MW wind project at a tariff rate of Rs. 3.81/kWh. NLC India […] Read more
CERC Adopts Tariff For SECI’s 1.2 GW Hybrid Power Projects (Tranche VI) Updated On Mon, Mar 3rd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) has adopted the tariff for 1,200 MW Wind-Solar Hybrid Power Projects with Assured Peak Power Supply (Tranche VI) under the competitive bidding process conducted by the Solar Energy Corporation of India Limited (SECI). It is pertinent to note that SECI had filed a petition before CERC under section 63 […] Read more
Chemplast, JSW Enter PPA To Build 84.9 MW Hybrid Project In TN Updated On Mon, Mar 3rd, 2025 by Saurenergy Tamil Nadu-based manufacturer of speciality chemicals Chemplast Sanmar and its wholly owned subsidiary (WOS), Chemplast Cuddalore Vinyls Limited (CCVL), have entered into a Power Purchase Agreement (PPA) with JSW Green Energy Nine Limited. As per the terms of the agreement, the companies have agreed to execute a Share Subscription and Shareholders’ Agreement with JSW Neo […] Read more
Adani Green Raises $1.06 Billion To Refinance Rajasthan Hybrid Project Updated On Mon, Mar 3rd, 2025 by Saurenergy Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility, a $1.06 billion loan taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing raised for this refinancing has a door-to-door tenure of 19 years with a fully amortized debt structure that aligns with the asset’s lifecycle. […] Read more
ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr Updated On Mon, Mar 3rd, 2025 by Saurenergy ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […] Read more
Adani Fast-Tracks Khava RE Project, Commissions 275 MW Solar Project Updated On Fri, Feb 28th, 2025 by Saurenergy Adani Green Energy Twenty Five A Limited, a subsidiary of the Adani Green Energy, operationalized an incremental 275 MW of solar power project at Khavda, Gujarat. The company said in a regulatory filing, “With commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,258.1 MW.” The commissioning follows a 250 MW […] Read more
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
