Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
GERC Fixes Additional Surcharge Payable by Open Access Consumers at Rs. 0.76/kWh Updated On Thu, Mar 30th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has fixed the additional surcharge payable by open access consumers for the period of 1st April, 2023 to 30th September, 2023 at Rs. 0.76/kWh. This will be applicable to the consumers of four-state owned DISCOMs, namely Dakshin Gujarat Vij Company Limited (DGVCL), Madhya Gujarat Vij Company Limited (MGVCL), Paschim […] Read more
Hero Future Energies Signs MoU with Andhra Pradesh to Develop Renewable Capacity Updated On Wed, Mar 15th, 2023 by Saurenergy An independent power producer (IPP) with about 1.6 GW of operating assets across utility and commercial and industrial sectors, Hero Future Energies has signed a Memorandum of Understanding with the Government of Andhra Pradesh. The agreement will pave the way for setting up a renewable energy facility in the state. The firm will work closely […] Read more
CERC Overrides SECI To Allow Wind Developer Extra 5% Capacity Addition Updated On Mon, Mar 13th, 2023 by Saurenergy The CERC has given a nod to Green Infra Renewable Energy Limited (GIREL), which was looking to install an additional 5% capacity for its 249.90 MW wind power project located in Tuticorin District, Tamil Nadu and Kutch in Gujarat. Green Infra Wind Energy Ltd (GIWEL) is the parent company of GIREL and had won the […] Read more
TANGEDCO Solicits Bids for 420 MW Solar Power Under PM-KUSUM Updated On Tue, Feb 14th, 2023 by Saurenergy Tamil Nadu Generation And Distribution Corporation Ltd (TANGEDCO) has issued a tender that invites bids for 420 MW of solar power under PM-KUSUM Scheme (Component A). The last date for the submission of bids is 08.03.2023. The bid processing fee is Rs 5000. The EMD is Rs 100,000. The ceiling tariff of Rs 3.30 has […] Read more
MERC Orders MSEDCL To Follow Rules On Wheeling Charges, Cough Up Refund On Excess Charges Updated On Wed, Jan 25th, 2023 by Saurenergy The CERC has directed the MSEDCL to refund the wheeling charges on open access to Sridevi Trading Company, which had filed a petition. The firm had claimed that MSEDCL had levied excess wheeling charges. The Commission has asked MSEDCL to refund the levy on excess amount incorrectly recovered as per it. In doing this, MERC […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
