CERC Declines To Consider Power Exchange RTM Abortions As ‘Force Majeure’ Updated On Mon, Jan 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, declined to consider the plea of BSES Rajdhani Power Ltd, a power distribution licensee from Delhi. The discom had approached the Central Commission asking it to consider the events related to abortion and the cancellation of bids placed on the Real Time Market (RTM) of […] Read more
CERC Sees Merit In SECI Plea Against Adani Green For 50 MW Wind Project Delay Updated On Wed, Aug 31st, 2022 by Saurenergy The Petition Adani Green has petitioned Solar Energy Corporation of India Limited (SECI) seeking extension of Scheduled Date of Commissioning (SCoD) of a project from January 3, 2020 to March 5, 2020 without the levy of liquidated damages by the respondent. The second respondent to the petition is Punjab State Power Corporation Limited (PSPCL), the […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
Renewable Energy Supply Chain Disruptions to be Treated as Force Majeure Updated On Mon, Mar 23rd, 2020 by Saurenergy MNRE has directed its implementing agencies to treat delay on account of disruption of the supply chains due to the spread of coronavirus as Force Majeure. The Ministry of New and Renewable Energy (MNRE) has announced that all Renewable Energy implementing agencies of the MNRE have been directed to treat delay on account of disruption […] Read more
