MERC Imposes 45L Penalty On MSEDCL Over Non-Compliance Updated On Wed, Jan 10th, 2024 by Saurenergy In its latest judgment, the Maharashtra Electricity Regulatory Commission (MERC) imposed penalties on the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) over non-compliance issues. The Maharashtra power regulator passed the Order after Harshwardhan Jadhav, an ex-MLA, moved MERC, seeking action against the state discom. In his petition before the MERC, the petitioner blamed the MSEDCL for non-compliance with the […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
Airtel Business, Adani Energy Partner To Power 20mn Smart Meters Updated On Tue, Jan 9th, 2024 by Saurenergy Airtel Business – the B2B arm of Bharti Airtel, an Indian telecommunications service provider – today announced that it will power over 20 million smart meters for Adani Energy Solutions Limited (AESL). Airtel, through its nationwide communications network, will deliver reliable and secure connectivity for all AESL’s smart meter deployments. In addition, Airtel’s smart metering […] Read more
Premier Energies Bags Rs 1700cr Solar Module Order From NTPC Updated On Tue, Jan 9th, 2024 by Saurenergy Premier Energies, an Indian integrated solar cell and module manufacturer, has been awarded a 608-megawatt (MW) DCR (Indigenous Solar Cell and Module) Bifacial Solar PV Modules supply order from NTPC Limited, a public sector undertaking owned by the Government of India. NTPC is India’s largest power utility with an installed capacity of 73,824 MW (including […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
CIP Commences Construction Of 300 MW Wind Project With Envision Updated On Mon, Jan 8th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) have taken final investment decision (FID) on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider. The project is located at Karnataka with favorable wind conditions, good site accessibility, and an […] Read more
Aker Plans First Subsea Power System For Floating Offshore Wind Power Updated On Mon, Jan 8th, 2024 by Saurenergy Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to significantly reduce costs and complexity of offshore wind farms. The project will see Aker Solutions provide new power transmission technology, Subsea Collector, for […] Read more
Altris, Clarios Announce Collaboration To Boost Sodium-Ion Battery Technology Updated On Mon, Jan 8th, 2024 by Saurenergy Low-voltage battery solutions company Clarios and sodium-ion technology firm Altris announced the creation of an innovative partnership to develop low-voltage sodium-ion batteries for the automotive industry. Every vehicle, including hybrid and electric vehicles, requires a low-voltage energy source to power critical systems and functions. As hybrid and electric vehicles continue to evolve, a joint statement […] Read more
