KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh Updated On Thu, Apr 1st, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015. A power purchase agreement (PPA) […] Read more
Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
KERC Reinstates Tariff of ₹4.79/unit for Adani Green Energy Updated On Sat, Nov 21st, 2020 by Saurenergy The Karnataka Electricity Regulation Commission (KERC) passed two orders in favor of Adani Green Energy Limited’s (AGEL) solar plants of 20 MW each. Both the projects were part of a tender by Karnataka Renewable Energy Development Limited (KREDL) for 290 MW of solar projects for 17 talukas across Karnataka. The distribution companies (DISCOMs) Hubli Electricity […] Read more
APTEL Reinstates Tariff of ₹4.50/kWh for Five Karnataka Wind Generators Updated On Fri, Nov 20th, 2020 by Saurenergy The Appellate Tribunal for Electricity (APTEL) granted relief to five wind generators after in Karnataka after the Karnataka Electricity Regulatory Commission (KERC) had issued an order which had reduced the generic tariff to ₹3.74 per kWh for wind projects commissioned before September 2017. It was declared that the tariff of Rs. 4.50 per kwh determined […] Read more
Karnataka Regulator Formalises a Further 3 Month Extension for RPO Obligations Updated On Tue, Aug 25th, 2020 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in an order yesterday (August 24), has given a further three months extension to all relevant parties in the state to meet their Renewable Purchase Obligations (RPO) for Fy 2020, by November 30, 2020. Effectively adding a full nine months to the original date of March 31. In effect, […] Read more
KERC favours BESCOM in Tariff Dispute With Emmvee Solar Updated On Wed, Jan 15th, 2020 by Saurenergy In an order that was published yesterday, the Karnataka Electricity Regulatory Commission has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs 9.56 as per the PPA it signed with BESCOM on 27.02.2016, […] Read more
Haryana Open Access Move Shows High Potential From C&I market for Renewables Updated On Wed, May 22nd, 2019 by Saurenergy With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […] Read more
Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue Updated On Mon, May 20th, 2019 by Saurenergy If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […] Read more
KERC Recommends Halting New Solar Tenders, Auctions in Karnataka Updated On Thu, May 2nd, 2019 by Saurenergy Karnataka which is India’s top state in terms of installed solar capacity has stopped the building of new solar energy projects. The Karnataka Electricity Regulatory Commission (KERC) has written to the Karnataka Renewable Energy Development Limited (KREDL) regarding the procurement of solar power. According to the letter dated 7 March, the KERC reportedly has noted […] Read more