X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US Updated On Fri, Feb 24th, 2023 by Saurenergy X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […] Read more
MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment Updated On Wed, Feb 8th, 2023 by Saurenergy MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […] Read more
GUVNL Issues Tender For 500 MW Solar Power Projects Updated On Tue, Feb 7th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […] Read more
MSEDCL Issues RFS for Procurement of 350 MW Solar Power Updated On Tue, Jan 31st, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), a wholly-owned subsidiary of the Maharashtra State Electricity Board has issued a Request for Selection (RfS) towards the procurement of 350 MW (AC) solar power from projects that are to be set up in Maharashtra. The competitive bidding process will be followed towards this and will also entail […] Read more
CERC Asks SECI to Pay Azure Subsidiary Additional Project Cost Following Safeguard Duty Norms Updated On Mon, Jan 23rd, 2023 by Saurenergy The Central Electricity Regulation Commission has directed SECI to recompense Azure Power FortyOne, a subsidiary of Azure Power India, on the incremental posts costs along with additional costs as incurred by the firm due to the imposition of safeguard duty. The duty led to the shot up of the project cost for Azure. Further, the […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
Uttar Pradesh Backs Farmers for Solar Plants With Subsidies Updated On Mon, Jan 16th, 2023 by Saurenergy The state of Uttar Pradesh that has not shown much speed in terms of renewables growth so far seems to be making some moves of late. The Uttar Pradesh Power Corporation (UPPCL) has signed a power purchase agreement (PPA) with the farmers of the state for 7 MW of solar power generation projects under the PM […] Read more
ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
Vivid Solaire’s Plea to Align LTA with Revised SCOD of Project Shot Down by CERC Updated On Tue, Dec 6th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has rejected the petition of Vivid Solaire Energy Private Limited to reconsider Long-Term Access (LTA) to coincide with the revised SCOD of project and waive the transmission charges. In its petition, the Pune-based firm had filed a petition seeking a waiver for the levy of transmission charges by CTUIL […] Read more
