Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power Updated On Mon, Jan 9th, 2017 by Saurenergy Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […] Read more
Piyush Goyal launches Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App Updated On Wed, Jan 4th, 2017 by Saurenergy UDAY portal/app would track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Wednesday launched Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App. The UDAY portal/app would track and monitor the progress of DISCOMs on operational and […] Read more
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital Updated On Thu, Sep 22nd, 2016 by Saurenergy Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […] Read more
MNRE complains CERC against solar power shut off by Discoms Updated On Tue, Aug 9th, 2016 by Saurenergy The Ministry of New & Renewable Energy has lodge a complaint against discoms to the Central Electricity Regulatory Commission (CERC) stating that some discoms are not fully evacuating the solar power available to them, resulting in losses for solar developers. Discoms have been arbitrarily shutting off power from solar projects, for varying lengths of time, […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
More Public and Private Investments in Fast Charging Needed to Accelerate EV Adoption-Industry Updated On Fri, Nov 22nd, 2024 by Saurenergy With little doubt on the Ev transition picking pace, the focus was on fast charging to ensure a smooth path for adopters at the EV fast Charging Summit organised by Indian Energy Storage Alliance (IESA) in Delhi. With over 4 Million EVs sold in India, EV adoption is fast approaching the inflection point supported by […] Read more
India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader Updated On Wed, Nov 20th, 2024 by Saurenergy India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […] Read more