NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
Artha Energy Commences Expansion Work on Rooftop Solar Plant in Aurangabad Updated On Mon, Nov 2nd, 2020 by Saurenergy Artha Energy Resources has announced that it has started expansion work on its 165 kW rooftop solar power plant in Aurangabad, Maharashtra. Artha Energy Resources (AER), a boutique investment bank and corporate advisory firm has announced that it has started expansion work on its 165 kW rooftop solar power plant in Aurangabad, Maharashtra. The current […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
