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CERC

Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC)

Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […]

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Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW

In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […]

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Sr Consultant (Merchant Power)

The consultant is expected to provide consultancy on the following; Power sale and purchase in Energy Exchanges Generate new business for supply of open access power to various commercial and industrial clients in India Create new business opportunities for SECI under different market segments and ensure achievement of business targets, analysing various regulatory frameworks and […]

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SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff

A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […]

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NHPC REL Seeks Developer For 19.2 MW RESCO Project In Haryana

NHPC, on behalf of its subsidiary NHPC Renewable Energy Limited (NHPC REL), has issued a tender for the construction of a rooftop solar project. NHPC REL will be the rooftop solar developer (RTD) of the RESCO project and will also be the Project Management Consultant (PMC) for the project. NHPC REL has set March 24 […]

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Solar Developer Gets Relief At APTEL On SCOD Extension

Solaire Urja Private Limited, a Pune based solar developer appears to have got some much needed relief at APTEL, after the Appellate Tribunal chose to go with the developer’s contention on a case that was gone the other way at CERC. Case Overview: Solaire Surya Urja had gone to APTEL to challenge the order by […]

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Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr.

Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low

Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh.   Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […]

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