REIL Invites Bids for SPV Plant for Residential Sector in Rajasthan Updated On Mon, Sep 26th, 2022 by Saurenergy Rajasthan Electronics & Instruments Ltd (REIL) has invited bids for a tender for the supply of grid-connected SPV plant for the residential sector under MNRE Rooftop Scheme & Government departments in Rajasthan. The last date for submitting the online bid is October 13, 2022, till 4:00 pm. Bids will be opened on October 14, 2022, […] Read more
CERC Turns Down PSEPL’s Petition Against NTPC to Refund Liquidity Damages Updated On Thu, Sep 22nd, 2022 by Saurenergy The Premise of the Order Power Purchase Agreements dated 04.08.2016 were entered into between the petitioner – Parampujya Solar Energy Private Limited (PSEPL) and the respondent, NTPC. The petitioner is now seeking directions to NTPC Limited to accept the impact of Force Majeure events and extend the Scheduled Commissioning Date of the Project of the […] Read more
APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation Updated On Thu, Sep 22nd, 2022 by Saurenergy After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […] Read more
REC Limited Faces Higher Expectations With Maharatna Status Updated On Thu, Sep 22nd, 2022 by Saurenergy REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […] Read more
Tata Power RE, Three Other Firms Win RUMSL’s 750 MW Hybrid Project Updated On Wed, Sep 21st, 2022 by Saurenergy A joint venture company between The Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVN), Rewa Ultra Mega Solar Limited (RUMSL) has released the results of 750 MW hybrid (wind+solar) project. Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared the winners […] Read more
Delhi Plans to Install Over 5K kerbside EV Charging Points in Next Three Years Updated On Tue, Sep 20th, 2022 by Saurenergy The Delhi Government has revealed that it will install over 5,000 kerbside charging stations for electric vehicles on all main roads in the next three years. The implementation of EV kerbside charging in Delhi was the topic of a meeting called by Jasmine Shah, Vice Chair of the Dialogue and Development Commission of Delhi (DDCD). […] Read more
Tata Power RE, Three Other Firms Win GUVNL’s 750 MW Solar Project Updated On Tue, Sep 20th, 2022 by Saurenergy The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners. Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a […] Read more
NHDC Floats 8 MW EPC Solar Project Tender in Madhya Pradesh Updated On Wed, Sep 14th, 2022 by Saurenergy The Government of Madhya Pradesh and NHPC’s joint venture firm, NHDC, has floated a 8 MW of the engineering, procurement, and construction (EPC) tender for ground-mounted solar photovoltaic project at Sanchi in the Raisen District of Madhya Pradesh. The winning bidder will also be in charge of five years’ worth of comprehensive operation and maintenance […] Read more
RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] Read more
