MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
PM-KUSUM – The Solar Saviour? Updated On Tue, Oct 6th, 2020 by Saurenergy The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […] Read more
Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind Updated On Mon, Sep 21st, 2020 by Saurenergy In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
Greenko Signs MoU With NTPC to Explore RE and Storage Solutions Updated On Thu, Aug 27th, 2020 by Saurenergy Greenko has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions across India Energy solutions provider Greenko Energies has announced that it has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions. The company has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar […] Read more
Indian Railways to Pay Rs.27.35 Crores Plus Surcharge to TPC-D Updated On Mon, Aug 17th, 2020 by Saurenergy TPC-D had filed a petition against Indian Railways on non-compliance of the Mid-Term Review Order of MSEDCL The Indian Railways will have to pay more than Rs.27.35 crores to Tata Power Company Limited (Distribution) (TPC-D). The Maharashtra Electricity Regulatory Commission (MERC) has issued an order directing the Indian Railways to pay the outstanding stand-by charges […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
