Report Forecasts 70 GW of Floating Wind Capacity by 2040 Updated On Thu, Jul 16th, 2020 by Saurenergy The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […] Read more
MERC Rules In MSEDCL Favour In Case Involving Greenko Subsidiary Updated On Mon, Jul 13th, 2020 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has gone with the MSEDCL view in a case involving Orange Maha Wind Energy Private Limited (Orange Wind), a subsidiary of Orange Renewables, now owned by the Hyderabad based Greenko group. The judgement was uploaded on July 11, on the MERC site. The case in question,involved the contention of […] Read more
Now Punjab Wants to Tear Up Solar Contracts Updated On Fri, Jul 10th, 2020 by Saurenergy Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […] Read more
Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL Updated On Sat, Jul 4th, 2020 by Saurenergy Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […] Read more
Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
90% Rise in Digital Payments Recorded During Lockdown by Discoms Updated On Mon, Jun 15th, 2020 by Saurenergy The Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus lockdown. The power Discoms have registered a significant rise of up to 90 percent in digital payments of electricity bills in Delhi during the coronavirus-induced lockdown. Tata Power Delhi Distribution Limited (TPDDL), serving around 70 lakh consumers in north […] Read more
Andhra Govt Approves Proposal for 10 GW Mega Solar Project Updated On Fri, Jun 12th, 2020 by Saurenergy The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure uninterrupted supply to farmers during daytime The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure an uninterrupted 9-hour power supply to farmers during the daytime, besides […] Read more
Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21 Updated On Thu, Jun 11th, 2020 by Saurenergy In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […] Read more
NTPC Offers Rs 1363 Cr Discount on Fixed Charges to Discoms During Lockdown Updated On Thu, Jun 11th, 2020 by Saurenergy NTPC will be giving a discount of Rs 1363 crore to Discoms on fixed or capacity charges that they owe during the lockdown period this fiscal year. NTPC Limited, the largest electricity generator in the country has announced that it will be giving a discount of Rs 1363 crore to distribution companies (Discoms) on fixed […] Read more
