Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
Powerica Ltd Entitled To Compensation Due To Rise of GST Rates Post-Contract, Rules CERC Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory body also ordered compensation to the wind energy company on […] Read more
