Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra Updated On Thu, Dec 31st, 2020 by Saurenergy India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […] Read more
Smart Power India Launches its Demand Generation Manual for Solar Mini Grids Updated On Mon, Nov 23rd, 2020 by Saurenergy Smart Power India has released the findings of its ‘Demand Generation Manual for Solar Mini-grid,’ to suggest ways to generate demand for solar mini-grids Smart Power India (SPI) has released the findings of its ‘Demand Generation Manual for Solar Mini-grid.’ According to SPI, the objective of the manual is to suggest ways to generate demand […] Read more
RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Average Spot Power Price Drops 3% in September to Rs 2.69/Unit Updated On Tue, Oct 6th, 2020 by Saurenergy The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
If RPO’s Are Drivers of Renewable Energy, An Exclusive Exchange for Green Power Is Fuel Updated On Thu, Sep 17th, 2020 by Saurenergy The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […] Read more
Amplus Achieves First Successful Solar Trade on GTAM Updated On Sat, Aug 22nd, 2020 by Saurenergy On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM. IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […] Read more
CERC Approves Tariff for 480 MW Solar PV Projects Updated On Thu, Aug 6th, 2020 by Saurenergy SECI’s trading margin of Rs.0.07/kWh has also been approved The Central Electricity Regulatory Commission (CERC) has approved a petition filed by the Solar Energy Corporation of India (SECI) for approval of power purchase agreement (PPA) tariff and SECI’s trading margin for sale of power from 480 MW grid-connected solar PV projects. The power will be […] Read more
