CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects Updated On Thu, Feb 20th, 2025 by Saurenergy In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s 1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024. The projects will now await the signing of formal PPAs, […] Read more
Solar Developer Gets Relief At APTEL On SCOD Extension Updated On Tue, Feb 11th, 2025 by Saurenergy Solaire Urja Private Limited, a Pune based solar developer appears to have got some much needed relief at APTEL, after the Appellate Tribunal chose to go with the developer’s contention on a case that was gone the other way at CERC. Case Overview: Solaire Surya Urja had gone to APTEL to challenge the order by […] Read more
O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
CERC Grants Relief To Wind Energy Firm Against GST Rate Hike Updated On Tue, Jan 7th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest order granted partial relief to Morjar Windfarm Development. The order from CERC came to the fore when the petitioner moved the central agency for its intervention. The Wind Energy, in its petition, asked the CERC to consider the change in GST rates as a ‘change of […] Read more
Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps Updated On Mon, Jan 6th, 2025 by Saurenergy In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […] Read more
CERC Gives Jolt To Shirdi Sai Electricals Over Bank Guarantee Row Updated On Mon, Jan 6th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, has rejected Indosol Solar’s plea for immunity from furnishing a connectivity bank guarantee. Indosol Solar is a Special Purpose Vehicle (SPV) of Shirdi Sai Electricals. Shirdi Sai Electricals is one of the winners of India’s Production-Linked Incentives (PLI). The central electricity regulator issued the order […] Read more
SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble Updated On Fri, Jan 3rd, 2025 by Saurenergy In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […] Read more
CERC Lays Down Process For Scheduling of Infirm RE Power After COD Updated On Mon, Dec 23rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) published the Indian Electricity Grid Code (IEGC) Regulations, 2023, which came into effect on October 1, 2023. Amendments and orders have been issued to address difficulties in implementing certain provisions. The commission has the power to issue Removal of Difficulties order where it feels the intent of the rules […] Read more
CERC To Acme Solar-Complete 300 MW Solar Project After Paying Penalty Updated On Thu, Nov 28th, 2024 by Saurenergy Ruling on a case involving Acme Solar and Central Transmission Utility of India (CTUIL), the Central Electricity Regulatory Commission (CERC) has allowed Acme Solar an extension on its delayed project in Rajasthan, with the provision of more damages in case it does not deliver a phased commissioning under the new deadlines. Petition Overview: ACME Solar […] Read more
