CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
SW Solar Hit By Disruptions, Estimates Impact At Rs 160-170 Cr For 2020-21 Updated On Thu, May 27th, 2021 by Saurenergy Sterling And Wilson Solar, India’s leading Solar EPC firm and among the global elite in the segment, had seen it fit to inform the stock exchanges of a material impact on its business on May 16. The impact related to the year ending March 2021, where the firm is yet to declare its Q4, and […] Read more
Say Goodbye To 2020’s Low Solar Bids, As Price Hikes Continue In Modules, Cells Updated On Wed, May 26th, 2021 by Saurenergy The record low prices last seen in GUVNL’s 500 MW auction, when NTPC won with a bid of Rs 1.99/ unit, may be a distant memory as solar equipment prices continue their upward march in 2021. Those low prices in the last big auction of 2020, blamed on NTPC flexing muscle and projections of a […] Read more
1.2 GW Wind Tender With ISTS From SECI. MP To Be Key Power Buyer Updated On Wed, May 26th, 2021 by Saurenergy Large tenders for renewable energy have returned after a short gap, this time with a Wind tender. The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI). Projects can be located anywhere in India, although power procured by SECI from […] Read more
CERC Shunts SP Infra Plea On Rihand Floating Solar UPERC’s Way, Citing Jurisdiction Updated On Tue, May 25th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order that will hopefully show the way to many similar pleas, has refuse to consider a plea by Rihand Floating Solar Private Limited regarding return of its bank guarantees for the said project from SECI. Rihand Floating Solar is a special purpose vehicle set up by Shapoorji […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
Why UP’s Solar Delays and Resultant Anxiety Of Developers Was Predictable Updated On Wed, May 19th, 2021 by Saurenergy NSEFI, (The National Solar Energy Federation of India) a key umbrella body that represents solar stakeholders, has finally been forced to approach the office of the Uttar Pradesh Chief Minister, Yogi Adityanath, for 500 MW of solar projects that were won in February 2020 by its members, where progress has been glacial. This delay, attributable […] Read more
Coal India Invites EPC & O&M Contractors For Its Floating Solar Plans Updated On Wed, May 19th, 2021 by Saurenergy Public sector undertaking and the world’s largest coal miner, Coal India Limited, continues to prepare grounds for its ambitious renewable energy plans. In a tender notice on May 17, the PSU has invited expressions of interest from relevant firms to get empaneled with it for its floating solar plans. The Maharatna firm has set a […] Read more
