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Adani Green Appoints Sangkaran Ratnam As Additional Director (Non-Executive)

Adani Green Energy Limited (AGEL) has appointed Sangkaran Ratnam as its Additional Director (Non-Executive, Nominee) with effect from October 23, 2023. The development came after it received a nomination letter from Total Energies Renewables and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the company’s latest filing to BSE […]

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CERC Allows Wind Generator To Procure REC Despite Delayed Plea

The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief.  Leo Fasteners had claimed that despite being a renewable energy generator, […]

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SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW

Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […]

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Sterling & Wilson Reports Increase In Income, Reduced Losses 

Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis.  As per the furnished details of the unaudited consolidated financial results, the firm reported […]

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India and US Are Major Drivers Of Utility-Scale Solar Power: ISA

The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been  primarily driven […]

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Discoms In Gujarat To Levy Rs 0.87/Kwh As Surcharge For Open Access

The Gujarat Electricity Regulatory Commission (GERC), in its suo motto order, has specified the additional surcharge rate for the open access consumers in the state. As per the latest order of the state, it has specified Rs 0.87 per KwH applicable for open access services between October 1, 2023, and March 31, 2024. It comes after […]

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NLCIL’s Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit

The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCIL’s 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project.  The company had set […]

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GERC Allows Compensation To Juniper Energy For ‘Change Of Law’

The Gujarat Electricity Regulatory Commission (GERC), in its latest judgement, allowed Juniper Green Sigma Pvt Ltd compensation for ‘change of law’ events. Juniper Green Sigma is a subsidiary of Juniper Green Energy. It has developed a 120-megawatt (MW) grid-connected solar plant in Gujarat to supply Gujarat Urja Vikas Nigam Limited (GUVNL). Juniper, in its petition before the […]

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RE Generators Selling Power At Power Exchanges Can Issue REC: CERC

In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges.   The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […]

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