Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock Updated On Tue, May 31st, 2022 by Saurenergy In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […] Read more
SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit Updated On Wed, May 25th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […] Read more
In Relief For Developers, TNERC Revises Order On Solar Tariff By Changing Accounting Norms Updated On Mon, May 9th, 2022 by Saurenergy In a relief to the developers involved, Tamil Nadu Electricity Regulatory Commission (TNERC) has revised solar tariff for FY 2017-18 on an Appellate Tribunal for Electricity (APTEL) remand matter filed by National Solar Energy Federation of India Limited (NSEFI), the latter has reported. In its latest order, TNERC has revised tariff from Rs 5.10 to 5.68/kWh, […] Read more
BSPGCL Invites Bids for Consultancy Services for Setting-up 200 – 250 MW Solar Power Plants Updated On Fri, May 6th, 2022 by Saurenergy Bihar State Power Holding Company Limited (BSPGCL) has issued tender for request for proposal for selection of agency for providing consultancy services for setting up 200 to 250 MW Solar Power Plants. The notification by BSPGCL says that as far as selection method is concerned, it would be combined quality cum cost based selection. The […] Read more
IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market Updated On Thu, May 5th, 2022 by Saurenergy In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […] Read more
SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi Updated On Fri, Apr 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […] Read more
IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
AP Biomass Energy Generators Hopes For Relief Rise After APTEL Order Updated On Tue, Mar 15th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently given its verdict with regards to four appeals against the Tariff Orders passed by the Andhra Pradesh Electricity Regulatory Commission (APERC) in May and July 2014. The appeals made by Biomass Energy Developers Association &Ors and South Indian Sugar Mills Association &Ors, which were all filed against […] Read more
