Karnataka Proposes Short-Term Green Energy Open Access Updated On Tue, May 16th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its newly-released draft rules on Green Energy Open Access, has proposed the concept of three different categories of green energy open access consumers. It also includes green energy consumers who can opt for short-term services for less than one year. The new regulations have been named Karnataka Electricity Regulatory Commission […] Read more
APTEL Gives Nod for Time Extension to SPD VCarve Solar Among Others In Karnataka Updated On Mon, Nov 28th, 2022 by Saurenergy In a conflict between Vcarve Solar LLP versus Karnataka Electricity Regulatory Commission (KERC), Bangalore Electricity Supply Company Limited (BESS), APTEL has ruled in favour of the solar power developer. The apex regulator had bundled a number of similar petitions in the same judgement. The various solar power developers (SPDs) has challenged multiple orders passed by […] Read more
KREDL Issues RFP For 5 MW Solar Plus Battery At Karnataka Solar Park Updated On Tue, Aug 16th, 2022 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) 5MW (AC) Solar PV Power Plant (7 MWp DC) with 5MW / 16 MWh Battery Energy Storage System having 10 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for submitting the online bid […] Read more
Karnataka Can Sign EOIs to Bring Rs. 61,000 cr investments in Renewable Energy Updated On Wed, Apr 27th, 2022 by Saurenergy Karnataka may witness a fresh slew of renewable energy development as the government owned Karnataka Renewable Energy Development Limited (KREDL) may sign 9 Expressions of Interest (EOI) with 9 renewable energy investors. This is expected to be done at Windergy – 2022, a three day conference in New Delhi on currently. The exercise is expected […] Read more
APTEL Restores Tariff Of Rs 8.40/unit For Solar Developer In Karnataka Updated On Tue, Jan 11th, 2022 by Saurenergy In case involving a solar power developer, Vatsala Bellary Solar Projects Private Limited versus the Karnataka Electricity Regulatory Commission (KERC) and Bangalore Electricity Supply Company Limited (BESCOM), the Appellate Tribunal for Electricity (APTEL) has ruled to restore the original tariff of Rs 8.40/unit over the revised tariff of Rs 4.36/unit that KERC had imposed on […] Read more
Azure Power Q2 Results. Not Enough To Enthuse Investors Updated On Mon, Dec 13th, 2021 by Saurenergy The NYSE listed Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. […] Read more
MSEDCL, MERC Face Censure From APTEL Over Payment Delays To Wind Developer Updated On Tue, Sep 21st, 2021 by Saurenergy In a highly critical new order, the Appellate Tribunal for Electricity (APTEL) has ruled against the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), quashing its appeal against “interest on interest,” as imposed on it by the Maharashtra Electricity Commission (MERC), which awarded 1.25% penalty interest on 1.25% delayed payment charges interest to Rajalakshmi Minerals, a […] Read more
APTEL Rules In Favour of PGCIL On Cost Overruns Updated On Mon, Sep 20th, 2021 by Saurenergy In an important ruling, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of Power Grid Corporation of India Limited (PGCIL) on the issue of additional costs incurred due to time overruns on setting up transmission infrastructure. PGCIL had suffered a setback on the matter after the Central Electricity Regulatory Commission (CERC), on a […] Read more
GESCOM Seeks Bids to Empanel Agencies for 10 MW Solar Project Updated On Tue, Sep 7th, 2021 by Saurenergy Gulbarga Electricity Supply Company Limited (GESCOM) has invited Expression of Interest (EoI) for the empanelment of agencies for a 10 MW rooftop solar project in Karnataka. Interestingly, this is the second effort by the discom to empanel firms, after a previous effort in March earlier this year seems to have failed. The scope of the […] Read more