With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
Andhra High Court Rules in Favour of Solar, Wind Developers Updated On Wed, Mar 16th, 2022 by Saurenergy In a judgement that seeks to put to rest all uncertainties regarding the sanctity of Power Purchase Agreements and the competency of experts who decided on rates, the Andhra Pradesh High court has ruled in favour of solar and wind developers in the case against the state discoms, and by default, the Andhra state government. […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
IREDA to be consultant to petrochemicals institute for campus solarisation Updated On Mon, Mar 14th, 2022 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […] Read more
MNRE Amends Guidelines for Hybrid Projects Updated On Fri, Mar 11th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an office memorandum, modifying guidelines for the tariff based procurement from Wind and solar hybrid projects. These guidelines had originally been released on October 14, 2020, and amended subsequently on July 27, 2021. The purpose behind such hybrid projects is to seek RTC (Round the […] Read more
New Solar PLI Scheme Changes Updated On Fri, Mar 11th, 2022 by Saurenergy Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […] Read more
RERC approves levelised tarrif of Rs 2.89 For Kusum Component C Project Updated On Wed, Mar 9th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) recently ruled in favour of Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), which had requested the commission to approve the levelized tariff discovered through competitive bidding for a 4.24 MW pilot solar power project for feeder level solarization under Component-C of the PM-KUSUM scheme. The Ministry of New and Renewable Energy […] Read more
MNRE Urges States To Replicate Its Dispute Resolution Model For Intra State Disputes too Updated On Fri, Mar 4th, 2022 by Saurenergy The Ministry of New and Renewable Energy, (MNRE), in a letter dated March 3 to all relevant power stakeholders across government and at the state level, has expounded on the role of dispute resolution mechanism it has established. The MNRE had set up a disputes resolution committee (DRC) consisting of eminent persons to resolve issues […] Read more
SJVN to Develop 400 MW Solar Park in Himachal Pradesh’s Kinnaur Updated On Mon, Feb 28th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has been allotted the development of 400 MW Solar Park in Upper Kinnaur, Himachal Pradesh. The Ministry of New & Renewable Energy (MNRE) has accorded in-principle approval for the development of this solar park under Mode-8 or Ultra Mega Renewable Energy Power Parks of its Solar Park Scheme. SJVN’s Chairman & […] Read more