India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
SECI Floats Tender for 1200 MW RE Projects With Assured Peak Power Supply Updated On Mon, Aug 5th, 2019 by Saurenergy SECI has issued a tender for setting up of 1200 MW RE projects with assured peak power supply in India The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1200 MW ISTS-connected Renewable Energy (RE) projects with assured peak power supply in India. (ISTS-VII) The scope of work for […] Read more
EESL Floats Tender for 5 Million Smart Meters Updated On Mon, Aug 5th, 2019 by Saurenergy EESL has issued a tender for procuring 5 million smart meters to be installed pan India. The Energy Efficiency Services Limited (EESL) has issued a tender for procuring 5 million smart meters to be installed pan India. India has applied for financing from the Asian Development Bank (ADB) towards the cost of Scaling Up Demand […] Read more
REC Sales Down 61 Percent in July Updated On Mon, Aug 5th, 2019 by Saurenergy Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […] Read more
TECA Hails Centre’s Call for ‘Must Run Status’ on Energy Projects Updated On Mon, Aug 5th, 2019 by Saurenergy TECA has welcomed the communication of MNRE to the state governments to honour ‘must-run status’ of wind and solar energy projects. The Tamil Nadu Electricity Consumers Association (TECA) has welcomed the communication of the Ministry of New and Renewable Energy (MNRE) to the state governments to honour ‘must-run status’ of wind and solar projects. In a […] Read more
Global Smart Meters Total to Double by 2024 With China and India in Lead Updated On Sat, Aug 3rd, 2019 by Saurenergy According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […] Read more
SECI Floats Tender for 1500 MW Solar Projects Under CPSU-II Updated On Fri, Aug 2nd, 2019 by Saurenergy SECI has issued a tender for setting up of 1500 MW grid-connected solar projects in India (Tranche-II) under the second phase of the CPSU The Solar Energy Corporation of India (SECI) has issued a tender for the selection of solar power developers for setting up of 1500 MW grid-connected (including mini and microgrid) solar PV […] Read more
MNRE Continues Supportive Moves. Clarifies on LOC Issue Updated On Fri, Aug 2nd, 2019 by Saurenergy Close on the heels of its missive to all state secretary’s, reminding them to treat power generated from wind and solar as ‘must use’, and not subject to curtailment, the Ministry of New and Renewable Energy ( MNRE) has released a fresh clarification on the issue of LC’s (Letter of Credit) needed to be opened […] Read more
