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PSPCL Issues Tender to Procure 1000 MW Solar Power

Punjab State Power Corporation Ltd. (PSPCL) has issued a tender for the procurement of 1000 MW of solar power via  competitive bidding. This will be followed by an e-reverse auction. The RfS is open to grid-connected solar photovoltaic power projects with a capacity of 5 MW and above, located anywhere in Punjab. The last date […]

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RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan 

In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur.  The RERC order came to the fore after the discoms in Rajasthan moved a […]

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Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India

The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […]

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5 Solar Energy Myths That Need To Be Buried For Good

Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […]

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Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […]

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IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr

Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […]

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MERC Notifies Generic Tariff for Rooftop Solar at Rs 3.05/unit

The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […]

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Power Ministry Notifies New Amendments To Green Energy Open Access Rules

The Ministry of Power has notified the second amendment to the Green Energy Open Access Rules 2022. The new notified rules envisage to amend three provisions of the original rules, published by the ministry in June, last year. The new notified rules have been named Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second […]

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J&K Offers Mega Subsidies On Solar Panels, Solar Pumps

Jammu and Kashmir Chief Secretary Arun Kumar Mehta, in his latest announcement, said that the power consumers wishing to install rooftop solar in the state would get a 65 percent subsidy from the government. In comparison, those opting for solar-powered pumps would get up to 80 percent subsidy. With the latest move, the deployment of […]

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