CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […] Read more
CERC Favors Mahindra Renewables in Dispute With MPPMCL and DMRC Updated On Mon, Nov 15th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) recently gave a judgement in favour of Mahindra Renewables Private Limited, accepting most of its pleas for compensation from M.P. Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC) on account of a ‘Change in Law’ event in the power purchase agreement (PPA) executed among the three […] Read more
Madhya Pradesh Issues PHS Policy To Add 12 GW Of 4-Hour ESS Updated On Tue, Mar 11th, 2025 by Saurenergy Madhya Pradesh requires 29,956 MW of solar and 5,293 MW of wind capacity by 2034-35 to meet its energy demand. Under the CEA’s resource adequacy plan for Madhya Pradesh, it projects a 5.36% compound annual growth rate (CAGR) in energy capacity from 2024-25 to 2034-35 to meet state power needs. Madhya Pradesh’s recent scheme for […] Read more
MP 2025 Policy: Powering Non-RE States, Upgrading Substations Updated On Tue, Feb 25th, 2025 by Saurenergy Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […] Read more
SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS Updated On Tue, Feb 25th, 2025 by Saurenergy Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more
O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more