CERC Grants Extra Time For Power Exchanges For Settlements Updated On Mon, Aug 14th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, extended the time period to one year for the power exchanges to carry out the Clearing and Settlement as per the Payment and Settlement Systems Act (PSSA), 2007. As per CERC (Power Market) Regulations 2021, these power exchanges that were granted registration by the Commission before […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
Off-Grid RE Power Electrified 2,762 Indian Villages: Govt Updated On Thu, Aug 10th, 2023 by Saurenergy In its latest statement before the Lok Sabha, the Ministry of New and Renewable Energy (MNRE) said that 2,762 villages in India were electrified with off-grid renewable energy solutions. The announcement comes less than a fortnight after a report in The Washington Post flagged the ‘failure’ of India’s mini-grids or off grid energy set up, […] Read more
RECPDCL Issues RFS for Wind Power Developers for 100 MW Wind Power Projects Updated On Thu, Aug 3rd, 2023 by Saurenergy REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power, invites bids for the selection of wind power developer(s) for setting up of 100 MW ISTS-connected wind power project(s) in India via tariff-based competitive bidding (TBCB) process on Build Own Operate (B-O-O) basis unedr […] Read more
CEA Amends Norms To Offer RTM For Cross-Border Power Trading Updated On Tue, Aug 1st, 2023 by Saurenergy The Central Electricity Authority (CEA), in its recent order, has amended the procedures for approval and facilitation of the import and export of electricity with neighbouring countries. The order said that the move was taken to accommodate the participation of the Real-Time Market (RTM) segment in addition to the existing Day-Ahead Market (DAM) for electricity […] Read more
NTPC Group’s Total Power Generation Capacity Crosses 73 GW Updated On Fri, Jul 7th, 2023 by Saurenergy The total generation capacity of the National Thermal Power Corporation (NTPC) Group has crossed 73 Gigawatt (GW), a statement from the Ministry of Power said today. The ministry said that with more power projects, the group’s total installed electricity generation capacity touched 73,024 Megawatt (MW). It includes 57,038 MW installed capacity of power plants owned by […] Read more
Indu Shekhar Chaturvedi Assumes Role of Director General at Electric Power Transmission Association Updated On Wed, Jul 5th, 2023 by Saurenergy The Electric Power Transmission Association (EPTA), an association consisting of leading private electricity transmission developers, industry stakeholders, and experts in electricity transmission, announced the appointment of Indu Shekhar Chaturvedi to the position of Director General. In his role, Chaturvedi will be responsible for leading EPTA’s efforts to promote the development of a robust, reliable, and […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more