SECI Opens Bids For 1 GW Solar Power Projects Across India Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to select solar power developers for 1 GW Inter-State Transmission System (ISTS)-connected solar PV power projects in India. The tender placed 4th October as the last date for bid submission. Under the scope of work, SECI mandates the solar power developer (SPD) to build […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […] Read more
Apraava Energy Secures 300 MW Solar Project From NTPC In Rajasthan Updated On Thu, Sep 12th, 2024 by Saurenergy Apraava Energy, today signed a Power Purchase Agreement (PPA) for a 300 MW interstate transmission system (ISTS) connected solar energy project with NTPC Limited in Rajasthan. The Mumbai-based integrated energy solutions provider project in Rajasthan is expected to be completed within 24 months. Apraava secured this project through an e-reverse auction mechanism at a tariff […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project Updated On Wed, Sep 11th, 2024 by Saurenergy The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew sought […] Read more
How Extreme Weather Events Are Threatening Wind Projects? Updated On Tue, Sep 10th, 2024 by Saurenergy In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […] Read more
NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS Updated On Tue, Sep 10th, 2024 by Saurenergy NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024. As per the NTPC Vidyut Vyapar Nigam […] Read more
Project Controller-Planning & Controlling CoE Specialist Updated On Mon, Sep 9th, 2024 by Saurenergy Act as business partner to the Project Controllers, Project Managers & Local Business Controllers, responsible for all financial and commercial matters and actively driving the project’s performance. Responsibilities:- Tender stage Reviews and takes joint responsibility with Tender Manager on financial, commercial and tax aspects. Ensures that tender calculation is done correctly, prepares cash-flow and exposure […] Read more
