Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points Updated On Thu, Apr 1st, 2021 by Saurenergy State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […] Read more
RERC Invites CSR Funding to Energise Schools in Rajasthan With Solar Updated On Thu, Apr 1st, 2021 by Saurenergy In a follow up to its draft order issued on February 10, regarding provision of solar plants at schools that are off grid or have very poor grid connectivity, the Rajasthan Electricity Regulatory Commission (RERC), in an order on March 25, has responded to suggestions as well as queries from stakeholders. The order has followed […] Read more
Rooftop Solar + Storage From Batteries and EVs in India’s near-future: IEEFA Updated On Thu, Apr 1st, 2021 by Saurenergy Policymakers must build the framework required for combining rooftop solar with battery storage and EVs to meet India’s 2030 targets Policymakers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles (EVs) to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
GESCOM Empaneling Agencies for 10 MW Rooftop Solar Plants Under SGY Scheme Updated On Wed, Mar 31st, 2021 by Saurenergy GESCOM is empaneling agencies for setting up rooftop solar plants worth 10 MW capacity with net-metering arrangements under the SGY scheme. The Gulbarga Electricity Supply Company (GESCOM) has issued an Expression of Interest (EoI) for the empanelment of agencies for setting up rooftop solar PV plants aggregating 10 MW capacity on the rooftops of residential […] Read more
Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more