Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar? Updated On Sat, Feb 15th, 2020 by Saurenergy India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
The Red Tape Challenge. How RE Producers in India Are Squeezed Updated On Fri, Jan 31st, 2020 by Saurenergy While meeting people within and outside the renewables industry, almost everyone agrees that unlike other sectors, a key part of the work, namely, the actual build up of renewable projects, in terms of procurement, transportation and commissioning at site, is probably the easiest part of the job.In fact, the mismatch between the time taken to […] Read more
NSEFI Petitions to the Govt Against NTPC’s Tender Conditions Updated On Mon, Jan 13th, 2020 by Saurenergy NTPC’s refusal to exempt small & medium enterprises from EMD for its solar power tender has seen NSEFI petition to the government seeking its intervention. State-owned NTPC’s refusal to exempt small and medium enterprises from earnest money deposits (EMD) for its solar power tender has riled an association of the solar energy industry which has […] Read more
Delhi Discoms Penalised for Defaulting on RPOs Updated On Wed, Oct 9th, 2019 by Saurenergy DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […] Read more
Adani Green Energy Offers 8.75 Crore Shares For Sale Updated On Tue, May 21st, 2019 by Saurenergy Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […] Read more
Adani Green Energy Commissions 50 MW Solar Power Project in UP Updated On Tue, May 14th, 2019 by Saurenergy The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
HERC Approves PPA for 23 MW of Solar Projects in Haryana Updated On Thu, Jan 24th, 2019 by Saurenergy The commission has approved the PPA of solar projects totaling 23 MW, which the HPPC had signed with four solar project developers. The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) of solar projects after a common petition was filed by Haryana Power Purchase Centre (HPPC) and the […] Read more
