SECI Plans To Add 500 MW Solar Thermal Capacity By FY25, Says Chairman Updated On Thu, Jul 4th, 2024 by Saurenergy In a recent event organized by the India Energy Storage Alliance (IESA) in Delhi various dignitaries aimed to showcase Indian innovations to the international battery and energy storage community. The event also offered to facilitate partnerships for global companies entering India’s burgeoning battery market. R P Gupta, Chairman and Managing Director of the Solar Energy […] Read more
Manohar Lal Khattar Takes Charge Of Ministry Of Power Updated On Tue, Jun 11th, 2024 by Saurenergy Newly-inducted Union Cabinet Minister Manohar Lal today took charge as the Union Minister for Power. This is in addition to his existing portfolio of Minister of Housing and Urban Affairs. He took charge of the ministry at Shram Shakti Bhawan today. Secretary, Ministry of Power, Pankaj Agarwal, along with the senior officials of ministry welcomed […] Read more
Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
SECI Invites Bids For 1200 MW ISTS Solar Projects With 600 MWh ESS Updated On Mon, Mar 18th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released an e-tender inviting bids for a 1200 MW ISTS-connected solar PV power project of 600 MW/1200 MWh Energy Storage Systems (ESS). SECI issued the tender under the Ministry of Power (MoP) guidelines for a tariff-based competitive bidding process. The tender was issued for, long-term procurement of electricity from grid-connected Solar PV power […] Read more
IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL Updated On Fri, Mar 15th, 2024 by Saurenergy Mumbai-based IndiGrid, an Indian power sector infrastructure investment trust (InvIT), recently announced that it has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL). IndiGrid received this letter to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage System project (BESS) in Gujarat. […] Read more
Govt Asks States To Align With Green Open Access Rule 2022 Updated On Tue, Feb 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued directives for all states and union territories emphasizing on the implementation of amended electricity rules that aimed at promoting green energy open access. The Ministry of Power (MoP) in its notification released on 12th February 2024 in its notification, gave the directive to states to align with the […] Read more
PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects Updated On Tue, Feb 20th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […] Read more
Average Power Supply In Rural India Touched 20.6 Hours: RK Singh Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of Power (MoP) data on power availability within the power sector showcased a growth trend in 2023. Union Power Minister RK Singh said that several reforms in the power sector brought several positive results, including reduced AT&C (Aggregate Technical and Commercial) losses. “The AT&C losses in the power sector went down to 15.41% (provisional) […] Read more
No Need For Feasibility Reports For Rooftop Solar Below 10kw: Draft Rule Updated On Thu, Dec 21st, 2023 by Saurenergy The Ministry of Power, in its latest draft notification, has proposed amending the electricity rules for rooftop solar. As per the latest draft rule, the authorities will remove the requirement to undertake technical feasibility studies for rooftop solar projects below 10 kilowatts (KW). The new draft rules, named Electricity (Rights of Consumers Second Amendment) Rules […] Read more
