Second Attempt Yields Lower Tariffs in Gujarat Solar Auction Updated On Fri, May 10th, 2019 by Saurenergy GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […] Read more
Vikram Solar Successfully Appraised by Black & Veatch Updated On Fri, May 10th, 2019 by Saurenergy After a detailed review of the module design and bill of materials for module configurations, the Kansas based firm came to a positive conclusion that Vikram Solar modules successfully met the requirements of international standards in those respects. Vikram Solar, one of India’s leading module manufacturers and prominent rooftop solar & EPC solutions provider, has […] Read more
Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement Updated On Fri, May 10th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […] Read more
CERC Finds Rs 3.60/kWh as the National Average Power Purchase Cost Updated On Fri, May 10th, 2019 by Saurenergy The APPC shall be applicable during FY 2019-20 and until further orders for the purpose of deviation settlement in respect of the open access and captive wind and solar generators fulfilling the requirement of regional entities. The Central Electricity Regulatory Commission (CERC) has found the Average Power Purchase Cost (APPC) at the national level to […] Read more
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani Updated On Thu, May 9th, 2019 by Saurenergy Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications Updated On Thu, May 9th, 2019 by Saurenergy The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministry’s Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which […] Read more
