MCD Plans Rooftop Solar at Public Spaces in Delhi Including EV Charging Stations Updated On Fri, May 19th, 2023 by Saurenergy The Municipal Corporation of Delhi (MCD) has inked a Memorandum of Understanding (MoU) with the Solar Energy Corporation of India (SECI) and NTPC (National Thermal Power Corporation to set up solar power panels on all buildings of MCD that are suitable for the purpose. The local body has already added more than 11 MW of […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market Updated On Wed, May 17th, 2023 by Saurenergy A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […] Read more
MNRE Official Indicates India’s First Offshore Wind Tender By June End Updated On Tue, May 16th, 2023 by Saurenergy A top official of Ministry of New and Renewable Energy (MNRE) has announced that India may float its first offshore wind energy tender in the coming four to six weeks. The information has been shared by MNRE Joint Secretary Dinesh Jagdale during a side event of the Energy Transitions Working Group of the G20 Presidency […] Read more
Ministry Of Power Asks All SERCs To Notify Green Tariffs Under Open Access Updated On Tue, May 16th, 2023 by Saurenergy The Ministry of Power, in its latest order, has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. It comes after the Ministry notified the Green Energy Open Access rules in June last year. The Ministry also pointed out that some of the state commissions have […] Read more
MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit Updated On Fri, May 12th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […] Read more
Amp Energy Wins CESC’s 150 MW Wind-Solar Hybrid Tender Updated On Thu, May 11th, 2023 by Saurenergy Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of ₹ 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other […] Read more
RERC Draft Regulation Proposes New Norms For Green Energy Tariff Updated On Thu, May 11th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has proposed new regulations for power consumers who want to use green energy for their power needs. It comes after the Union government amended the Green Energy Open Access Rules last year. The move allowed the Open Access services to even smaller energy consumers with demands up to 100 Kilowatt (kW). In the […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
