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
Power Minister Meets French Delegation, Discusses Energy Transition Collaboration Updated On Wed, Jun 14th, 2023 by Saurenergy Union Minister for Power R. K. Singh recently held a meeting in New Delhi with Chrysoula Zacharopoulou, Minister of State for Development, Francophonie, and International Partnerships, attached to the Minister for Europe and Foreign Affairs. The minister, who also holds the additional portfolio of the New and Renewable Energy also met Emmanuel Lenain, Ambassador of […] Read more
CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
Zingbus & Sheru Join Hands to Scale Intercity E-mobility Updated On Mon, Jun 5th, 2023 by Saurenergy Intercity bus service provider, zingbus, and Sheru, a provider of innovative battery management and energy storage solutions, have joined forces in a partnership aimed at scaling e-mobility for intercity commutes. Under the strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next five years. Zingbus will […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
