SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78 Updated On Tue, Mar 16th, 2021 by Saurenergy Life returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won […] Read more
BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit Updated On Fri, Mar 12th, 2021 by Saurenergy Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Weak Performance in Rooftop Solar a Growing Concern Updated On Wed, Mar 10th, 2021 by Saurenergy Against the overall target of 40 GW rooftop solar by 2022, an aggregate capacity of 3.73 GW has been installed as of January 31, 2021. The National Institute of Solar Energy (NISE) has estimated a rooftop solar potential of 42.83 GW in India. Based on this estimation, the central government had set a highly ambitious […] Read more
Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s Updated On Wed, Mar 10th, 2021 by Saurenergy Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […] Read more
EESL Invites Private Players to Boost Adoption of Energy Efficient Products and Services in India Updated On Wed, Mar 10th, 2021 by Saurenergy With the aim to maximise the adoption of energy efficient products and services in India, Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has decided to empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers and Retailers and other Demand Aggregators, including ESCOs with requisite under the Success Fee Model. Through […] Read more
BSES Rajdhani Wins IGSF Gold Innovation Award for Rooftop Solar Automation Updated On Mon, Mar 8th, 2021 by Saurenergy Power distributer BSES Rajdhani Power Limited (BRPL) has won the Gold Innovation award, presented by The India Smart Grid Forum (IGSF). The power distributor of over 2.4 million customers spread over 21 districts in South and West Delhi has won the award for automation of rooftop solar workflow in their territory. Interestingly, 3,000 customers out […] Read more
NCRTC Tenders for 11 MW Rooftop Solar Systems on Delhi-Ghaziabad-Meerut RRTS Corridor Updated On Mon, Mar 8th, 2021 by Saurenergy NCRTC has tendered for 11 MW rooftop solar projects on RESCO Model along its Delhi-Ghaziabad-Meerut RRTS Corridor. The National Capital Region Transport Corporation Ltd. (NCRTC), a joint venture company of the Government of India and participating states (NCT of Delhi, Haryana, Rajasthan, and Uttar Pradesh), which is mandated for implementing the Regional Rapid Transit System […] Read more
Average Rural Power Supply Duration has Increased to 18.5 Hours Updated On Fri, Mar 5th, 2021 by Saurenergy RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in 2019-20. Addressing the Power Ministry Parliamentary Consultative Committee in a meeting, Power Minister RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in […] Read more
