NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
APTEL Gives Nod for Time Extension to SPD VCarve Solar Among Others In Karnataka Updated On Mon, Nov 28th, 2022 by Saurenergy In a conflict between Vcarve Solar LLP versus Karnataka Electricity Regulatory Commission (KERC), Bangalore Electricity Supply Company Limited (BESS), APTEL has ruled in favour of the solar power developer. The apex regulator had bundled a number of similar petitions in the same judgement. The various solar power developers (SPDs) has challenged multiple orders passed by […] Read more
Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked Updated On Tue, Jul 5th, 2022 by Saurenergy The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […] Read more
Azure Power Gets LoA for 300 MW Project in SECI Auction Updated On Wed, Jul 31st, 2019 by Saurenergy The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […] Read more
Solar Power Developer Hindustan Powerprojects Caught Evading Tax of Over Rs 1350 Cr Updated On Tue, Apr 23rd, 2019 by Saurenergy During search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, the Income Tax department detected tax evasion of more than Rs 1,350 crore. The Central Board of Direct Taxes (CBDT) has revealed that the raids were conducted earlier this month at offices of the solar […] Read more
Viz-A-Viz with Pradeep Sangwan, Vice President & Country Head, Renesola Power Pvt Ltd Updated On Mon, Sep 24th, 2018 by Saurenergy Q. As a developer, what are the major problems that you face in present scenario? How you deal with them? We are developing projects under third party private PPA’s. Although there is a good potential in India for developers in third party PPA’s (Open Access) but due to a. Approvals from state nodal agencies & […] Read more
ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects Updated On Mon, Jul 9th, 2018 by Saurenergy ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
SECI Invites Bids for 3000 MW ISTS-Connected Solar PV Projs in India Updated On Wed, Feb 28th, 2018 by Saurenergy SECI shall enter into the Power Purchase Agreement (PPA) with the successful bidders selected for the purchase of solar power for a period of 25 years. The Solar Energy Corporation of India (SECI), a government of India enterprise, has invited bids for setting up of grid-connected solar PV projects to be installed anywhere in India […] Read more
