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
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
Avaada Plea on Waiver of Charges Due To Supply Disruptions Fails To Work With CERC Updated On Wed, Sep 14th, 2022 by Saurenergy In an order last week, the Central Electricity Regulatory Commission (CERC) has ruled against a plea by Avaada Energy on charging of transmission charges for a 240 MW project during the period of delay. Avaada Energy had made a plea asking for extension of the start date of Medium Term Open Access by the Central […] Read more
