Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
NTPC REL Wins 900 MW in PFCCL 1250 MW Solar Tender Updated On Tue, Dec 26th, 2023 by Saurenergy PFCCL has announced the winners for its solar tender released a few months ago. NTPC Renewable Energy Limited has secured the bid for 900 MW capacity in the solar tender floated by PFCCL on behalf of NTPC Ltd. for the selection of 1250 MW ISTS-connected solar PV power projects in India under Flexibility Scheme. The […] Read more
CERC Grants Compensation To Azure Power Over ‘Change of Law’ Events Updated On Fri, Dec 22nd, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed Azure Power compensation for ‘change of law’ events. These events were related to the Goods and Service Tax (GST) surge on solar products. The detailed order said that the case was related to three projects of Azure. This includes two 300 MW solar plants, each situated […] Read more
Sabarmati Multi Modal Transit Hub Develops 700 kWp Rooftop Solar Plant Under RESCO Mode Updated On Fri, Dec 22nd, 2023 by Saurenergy The Sabarmati Multi Modal Transit Hub building in Ahmedabad, Gujarat has installed 700 kWp Solar Power Plant under the (Renewable Energy Service Company) RESCO mode. It claims that this is the first time that Gujarat developed – Roof-Top Solar Plant under RESCO Mode. The Sabarmati hub is a multi-modal transit building which will provide seamless […] Read more
No Need For Feasibility Reports For Rooftop Solar Below 10kw: Draft Rule Updated On Thu, Dec 21st, 2023 by Saurenergy The Ministry of Power, in its latest draft notification, has proposed amending the electricity rules for rooftop solar. As per the latest draft rule, the authorities will remove the requirement to undertake technical feasibility studies for rooftop solar projects below 10 kilowatts (KW). The new draft rules, named Electricity (Rights of Consumers Second Amendment) Rules […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
Floating Solar Set To Make Jharkhand, Odisha New Hubs For Solar Parks Updated On Thu, Dec 21st, 2023 by Saurenergy The latest data shared by Union Minister for New and Renewable Energy RK Singh claimed that the proposed floating solar parks in Jharkhand and Odisha coal-bearing states will likely make these eastern states new hubs for solar parks. Currently, these two states are not considered renewable-rich states in India due to the low installed capacity […] Read more
Ultratech To Not Pay Unnecessary Charges For Captive Solar Plant: RERC Updated On Tue, Dec 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest judgement exempted Ultratech and its Special Purpose Vehicle (SPV)-Amplus Dakshin Private Limited (ADPL) against payment of cross subsidy, water cess and other charges for a captive solar plant based in Rajasthan. As per the petition of Ultratech Cement Limited (UTCL), ADPL was incorporated as a SPV […] Read more
3,595 Power Consumers In India Get Approval For Green Energy Open Access Updated On Mon, Dec 18th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his latest response before the Lok Sabha, said that as per government records, the Indian government approved the applications of 3,595 power consumers, allowing them to avail of green energy open access. The Ministry of Power in 2022 approved the Green Energy Open Access Rules, […] Read more
