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HomeBlupine energy

Blupine energy

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Projects

BluPine Energy and SJVN sign PPA for 150 MW assured peak power supply  

July 2, 2026

BluPine Energy has signed a power purchase agreement (PPA) with SJVN Limited for the supply of 150 MW of assured peak power under the SJVN FDRE-4 tender. The PPA has a tenure of 25 years […]

Expert Take

A Maturing Market: Focus shifts to reliability and security in the solar sector

May 29, 2026

By Ashish Agarwal, President – Solar and Storage, BluPine Energy During the past decade, the country’s solar power journey largely focused on capacity expansion. However, in recent years, the emphasis has slowly shifted to power […]

People

Neerav Nanavaty: Chief Executive Officer, BluPine Energy

April 15, 2026

Neerav Nanavaty is chief executive officer (CEO) of BluPine Energy and brings over two decades of global experience in the energy sector across North America and India. BluPine Energy currently operates 39 renewable energy sites […]

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Projects

SJVN announces results of its 6 GWh peak renewable power auction

October 16, 2025

SJVN has announced winners for its 1,500 MW/6,000 MWh assured peak power from interstate transmission system-connected (ISTS) renewable energy projects with energy storage system auction. Reliance NU Energies and Sembcorp Green Infra emerged among the […]

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Financings

BluPine Energy bags Rs 24.16 billion financing for 150 MW FDRE project in Karnataka

June 24, 2025

BluPine Energy Private Limited has secured a debt sanction of Rs 24.16 billion for its 150 MW firm and despatchable renewable energy (FDRE) project in Aland, Karnataka. The project is being developed by Solarcraft Power […]

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Projects

BluPine Energy inks PPA with SECI for 150 MW solar-plus-storage project in Rajasthan

April 21, 2025

BluPine Energy, through its special purpose vehicle Solarcraft Power India 17 Private Limited, has entered into a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI). The PPA has been signed […]

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Financings

BluPine Energy secures Rs 17.87 billion financing from NaBFID for renewable expansion 

March 26, 2025

BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funding will be utilised to optimise financial structuring and support the expansion of BluPine’s […]

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Projects

BluPine Energy commissions 120 MW solar project in Gujarat

September 26, 2024

BluPine Energy has commissioned its first 120 MW solar project in Gujarat which comprises a 70 MW plant at Radhanpur and a 50 MW plant at Nenava. This project is expected to generate approximately 323,000 […]

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Projects

Grew Energy inks module supply agreement with BluPine Energy

September 11, 2024

Grew Energy has inked a module supply agreement with BluPine Energy Private Limited for a forthcoming solar project in Banaskantha, Gujarat.  Grew Energy will be supplying BluPine Energy with TOPCON Modules, used in commercial and […]

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Projects

SECI declares winners of its 1.2 GW solar auction

August 14, 2024

Results for the Solar Energy Corporation of India’s (SECI) Tranche XVI auction to develop 1.2 GW of inter-state transmission system (ISTS) connected solar projects located across India have been announced. The projects will be set […]

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Financings

BluPine Energy receives Rs 4.36 billion from SBI for 120 MW solar project in Gujarat

July 24, 2024

BluPine Energy has raised Rs 4.36 billion for a 120 MW solar project from the State Bank of India. The project will be located in Panshina and Radhanpur in Gujarat. It will supply power to […]

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Projects

BluPine Energy inks PPA for 46.87 MWp solar project

June 14, 2024

BluPine Energy has inked a power purchase agreement (PPA) with Dalmia Cement (Bharat) Ltd for a 46.87MWp solar project. To be located in Karnataka under the captive structure, Dalmia Cement (Bharat) will possess a minimum […]

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Financings

Blupine Energy raises Rs 4.18 billion for 120 MW solar project

April 30, 2024

BluPine Energy announced it has secured financial closure for its 120 MW solar project in Sadla, Gujarat. BluPine Energy obtained debt financing for its project from HDFC Bank. The total amount of debt approved for […]

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Financings

BluPine raises Rs 12.6 billion for 198 MW wind project

March 15, 2024

BluPine Energy has obtained funding of 12.6 billion for its 198 MW wind project located in Gujarat. This project was acquired through an auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) to procure power […]

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Projects

BluPine expands renewable portfolio with acquisition of 369 MW solar assets from ACME

March 6, 2024

BluPine Energy has broadened its renewable energy portfolio through the acquisition of 369 MW of solar power assets from the ACME Group. The agreement encompasses 14 solar projects under special purpose vehicles situated in Uttarakhand, […]

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Projects

GUVNL declares winners of its 500 MW solar auction

December 29, 2023

Results for Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 500 MW of grid-connected solar power projects, phase XXII, have been announced. The tender for the project was issued in November 2023. To be […]

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Projects

Sprng Energy, IB Vogt, Hinduja, Blupine win GUVNL’s 500 MW solar auction

January 31, 2023

Sprng Energy, IB Vogt, Hinduja Renewables, and Blupine Energy have won the Gujarat Urja Vikas Nigam (GUVNL) auction to deliver power from 500 MW of grid-connected solar power projects (Tranche XVIII), with an additional 500 […]

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Financings

Actis backed Blupine energy acquires 404 MWp operating solar portfolio from Atha group

November 24, 2022

Actis has announced that its portfolio company, BluPine Energy has completed the acquisition of a 404 MWp operating pan-India solar portfolio from the Atha Group. This acquisition will enable BluPine to support India’s energy transition […]

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Projects

Blupine Energy, Engie, Tata Power and UPC renewables emerge as winners in GUVNL’s solar auction

September 20, 2022

The winners of Gujarat Urja Vikas Nigam’s (GUVNL) auction to procure energy from 750 MW of grid-connected solar projects with a greenshoe option of an additional capacity of up to 750 MW (Phase XVI) are […]

Projects

GUVNL auctions 500 MW of wind power to seven winners

July 18, 2022

Gujarat Urja Vikas Nigam’s (GUVNL’s) auction to purchase power from 500 MW of grid-connected wind power projects (Phase-III) has been completed. The declared winners are Gujarat State Electricity Corporation (GSECL), Rajpur Renewables (EDF Renewables), Juniper […]

Solar Module Manufacturers in India

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