CERC Grants Additional Time To HPX To Meet Min Net Worth Norm Updated On Mon, Jul 17th, 2023 by Saurenergy The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth […] Read more
Adani Green’s RE Capacities Grew 43% in Q1 on YoY Updated On Fri, Jul 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […] Read more
Delhi Discom To Replace 5,300 Old ACs With New Energy Efficient ACs Updated On Mon, Jul 10th, 2023 by Saurenergy Delhi-based power distribution (discom) company BSES Rajdhani Power Limited (BRPL) is now all set to relaunch its initiative to replace older inefficient air conditioners (ACs) with 5-Star energy-efficient ACs for its consumers. The domestic power consumers getting power through BRPL in their region would be eligible under the scheme to avail the scheme’s benefits. As […] Read more
State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL Updated On Mon, Jul 10th, 2023 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […] Read more
APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project Updated On Mon, Jul 3rd, 2023 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […] Read more
CERC Orders Compensation for Adani Subsidiary Over ‘Change of Law’ Events Updated On Mon, Jul 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, directed the Solar Energy Corporation of India (SECI) and other related entities concerned to compensate Adani Solar Energy Jodhpur Four Private Limited, a Special Purpose Vehicle (SPV) of Adani Green Energy. The order came to the fore after the SPV moved a petition before the CERC […] Read more
Shreeji Infrastructure Wins 35 MW Solar Project by ECL Valued at Over INR 208 Cr Updated On Tue, Jun 27th, 2023 by Saurenergy Raipur-based firm, Shreeji Infrastructure Ltd has won the 35 MW contract awarded by Eastern Coalfields Limited. The project has been won via competitive bidding. The firm will be responsible for the design, engineering, procurement and supply, construction, erection, testing and commissioning of the 35 MW solar power plants. The 35 MW solar plants entail a […] Read more
COD Delay Hands Acme Solar A Bigger Transmission Bill, As CERC Rules In Favour of CTUIL Updated On Mon, Jun 26th, 2023 by Saurenergy In a recent order, the Central Electricity Regulatory Comission (CERC) has ruled in favour of CTUIL in a case brought by Acme Solar against the central utility. Acme Solar, in this case pertaining to a 250 MW project of the firm at Bhadla, Rajasthan, has contended that CTUIL (Central Transmission Utility of Indian Limited), was […] Read more
HPX crosses 5 Billion Units Of Trade In 11 Months Post Launch Updated On Thu, Jun 15th, 2023 by Saurenergy India’s third power exchange, Hindustan Power Exchange Ltd. (HPX), has successfully crossed the milestone of 5 Billion Units of power traded within 11 months of its launch. HPX was able to cross this landmark with a rapid increase in trade volume across Contingency and Long Duration Contracts (LDC) segments. The strong growth in members/client base […] Read more
