NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda Updated On Fri, Jun 28th, 2024 by Saurenergy National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […] Read more
MEDA Invites EoI To Build 10 MW Rooftop PV System On Gov Buildings Updated On Fri, Jun 28th, 2024 by Saurenergy Maharashtra Energy Development Agency (MEDA) a state nodal agency under the Ministry of New and Renewable Energy (MNRE) recently released a tender inviting to set up 10 MW grid-connected rooftop solar PV systems. This project falls under RESCO mode on government sector buildings terraces. MEDA in its tender invited bids to discover tariffs for rooftop […] Read more
Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024 Updated On Fri, Jun 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […] Read more
Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs Updated On Thu, Jun 27th, 2024 by Saurenergy New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India Updated On Thu, Jun 27th, 2024 by Saurenergy Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […] Read more
Paraguay Joins International Solar Alliance As 100th Full Member Updated On Thu, Jun 27th, 2024 by Saurenergy The Republic of Paraguay officially became the 100th full member of the International Solar Alliance (ISA). The ambassador of Paraguay, Fleming Raul Duarte, handed over the instrument of ratification during a meeting with Abhishek Singh, Joint Secretary (ED & MER) and Head of Depository, in New Delhi. Launched on 30 November 2015 by Prime Minister […] Read more
PSPCL Commissions 50MW Solar Power Project In Punjab Updated On Thu, Jun 27th, 2024 by Saurenergy Power Minister Harbhajan Singh Electro-Technical Officer (ETO) recently informed that Punjab State Power Corporation Limited (PSPCL) has commissioned a 50 MW solar power project. This project was installed by Sukhbir Agro Energy Ltd. (SAEL Limited) in the Karamgarh village, Malout. It was synchronized and solar power started flowing into the 220 KV Grid substation in […] Read more
