MERC Grants Relief To Wind Company Due To Force Majeure Updated On Fri, Nov 8th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, provided relief to Clean Wind Power (Bhavnagar), a subsidiary of Hero Wind Energy Private Limited (Hero). This case highlights the importance for renewable energy developers to carefully draft contracts, anticipate potential disruptions, and ensure compliance with regulatory requirements to mitigate risks. In its order, MERC […] Read more
JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu Updated On Mon, Sep 16th, 2024 by Saurenergy JSW Energy Ltd. has announced the successful commissioning of a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, developed by its subsidiary JSW Renew Energy Two Limited, is the company’s first greenfield wind power plant under SECI’s tranche X. The new wind farm marks an addition to JSW Energy’s renewable energy portfolio. […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
APDCL Issues RFS for Engagement of Consultant for Wind Power Project Updated On Wed, Aug 30th, 2023 by Saurenergy Assam Power Distribution Company Limited (APDCL) has issued a Request for Proposal for bidding and selection process for RFP Document for engagement of consultant for preparation of feasibility cum detailed project report (DPR) along with work of soil investigation, geotechnical survey, topography survey, contour survey, hydrological study for development of MW generation wind power project […] Read more
Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants Updated On Thu, Feb 23rd, 2023 by Saurenergy The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […] Read more
NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] 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
ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
