3,595 Power Consumers In India Get Approval For Green Energy Open Access Updated On Mon, Dec 18th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his latest response before the Lok Sabha, said that as per government records, the Indian government approved the applications of 3,595 power consumers, allowing them to avail of green energy open access. The Ministry of Power in 2022 approved the Green Energy Open Access Rules, […] Read more
Uttarakhand Notifies Green Energy Open Access 2023 Regulations Updated On Wed, Nov 29th, 2023 by Saurenergy The Uttarakhand Electricity Regulatory Commission (UERC) has notified Green Energy Open Access Regulations 2023. As per the notification by the UERC, the consumer who has contracted demand or sanctioned load of 100 kW or more, either through a single connection or through multiple connections in the name of same consumer aggregating 100 kW or more located […] Read more
Radiance Renewables Secures Green Loan Facility for 150 MW Solar Project Updated On Thu, Nov 2nd, 2023 by Saurenergy EverSource Capital-backed Radiance Renewables Pvt. Ltd. has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The facility will provide the necessary financing for the 150 MW (AC) solar project located […] Read more
Discoms In Gujarat To Levy Rs 0.87/Kwh As Surcharge For Open Access Updated On Thu, Oct 19th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC), in its suo motto order, has specified the additional surcharge rate for the open access consumers in the state. As per the latest order of the state, it has specified Rs 0.87 per KwH applicable for open access services between October 1, 2023, and March 31, 2024. It comes after […] Read more
MNRE Proposes to Hold Bids for 7215 MW Offshore Wind in Tamil Nadu Updated On Fri, Sep 29th, 2023 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu through its nodal agency ‘National Institute of Wind Energy (NIWE)’. This initiative will look at the development of offshore wind energy projects for sale of power under Open Access […] Read more
ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu Updated On Mon, Aug 28th, 2023 by Saurenergy The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
MERC Orders Compliance of Green Energy Open Access Rules Updated On Tue, Aug 1st, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has directed government officials and concerned authorities to roll out the provisions of the Union government’s Green Energy Open Access Rules 2022. It comes under the absence of a state rule in this regard in the state. The order of the Commission came to force when […] Read more
O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind Updated On Thu, Jul 20th, 2023 by Saurenergy Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […] Read more