R K Tyagi Appointed Director, Operations At Power Grid Corporation Updated On Tue, Aug 16th, 2022 by Saurenergy R K Tyagi has taken over the reins of Power Grid Corporation as Director of Operations. According to the regulatory filing by PowerGrid Corporation, which is under the jurisdiction of the Ministry of Power, “R K Tyagi has assumed the charge of post of Director (Operations), Power Grid on 12 August, 2022 till the date […] Read more
MP, Rajasthan, Karnataka Lead In Power Subsidies Updated On Mon, Aug 8th, 2022 by Saurenergy According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […] Read more
Parliamentary Committee Disappointed With Ministry Over Delay In Solar Park Projects Updated On Wed, Aug 3rd, 2022 by Saurenergy Earlier this year, the Government had implemented a slew of schemes to pave the way for the establishment of 50 solar parks of aggregate capacity of 40,000 MW. Needless to say, this would have brought cheer to solar power project developers while taking up the country’s solar power capacity by several notches. A few months […] Read more
CERC Rejects ReNew Power Plea On Force Majeure for 250 MW Wind Project Updated On Wed, Aug 3rd, 2022 by Saurenergy In an order dated July 29, the Central Electricity Regulatory Commission (CERC) has rejected multiple contentions by ReNew Power regarding a 250 MW ISTS connected wind energy project for 250 MW that it had won in 2018. ReNew had made SECI, as well as multiple state discoms that are buying power from the project respondents […] Read more
UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
Centre Gives States A New Green Power Mandate To Encourage RPO Compliance Updated On Mon, Jul 25th, 2022 by Saurenergy The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […] Read more
93% of MSEDCL Tender For 535 MW Solar Power Goes To Railways Firm Updated On Fri, Jul 22nd, 2022 by Saurenergy In an interesting development, Braithwaite India and Co. Limited, a firm under the Ministry of Railways, has got an allotment of 500 MW out of a 535 MW of bids accepted by MSEDCL (Maharashtra State Electricity Distribution Company Limited), under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ from 2 to 10 MW capacity projects. For the […] Read more
Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion Updated On Fri, Jul 8th, 2022 by Saurenergy An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […] Read more
Himachal Group Opposes World Bank Consultation Over Hydropower Updated On Fri, Jul 8th, 2022 by Saurenergy A motley group of dam affected people and other activists in Himachal Pradesh have shot off a letter to the World Bank and Directorate of Energy, HP, on July 6 protesting against the hydropower projects in the state. They also boycotted the scheduled ‘Stakeholder Consultation’ for the proposed $200 million ‘Himachal Pradesh Power Sector Development Programme’. […] Read more
