81% Of PM-KUSUM (Comp B) Capacities Come From 5 States Updated On Fri, Nov 29th, 2024 by Saurenergy A latest data released by the Union government before the Parliament revealed that a lion’s share of the PM-KUSUM scheme (Component-B) comes from five states alone. The majority of these states are based in the western part of the country. Component B of the Union government schemes mandates the installation of decentralised off-grid solar pumps. […] Read more
THDC Issues Tender To Develop DPR For Floating Solar In Eight States Updated On Tue, Nov 26th, 2024 by Saurenergy The Tehri Hydro Development Corporation Limited (THDC India) has now planned to boost floating solar projects. It has issued a tender seeking bids to prepare Detailed Project Reports (DPRs) in this regard. These projects will be located in eight states. These include-Uttarakhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Karnataka, Kerala, Rajasthan, and Maharashtra. The last date […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
CESL Issues Tender To Bring 1,800 Cargo E-Cycles In Four States Updated On Fri, Nov 8th, 2024 by Saurenergy To scale up the demand for energy efficiency projects in India, Convergence Energy Services Limited (CESL), an Energy Efficiency Services Limited (EESL) subsidiary released a tender to promote micro-mobility solutions in Bihar, Kerala, and Madhya Pradesh. CESL’s latest tender uses part of the financing received by the Indian government from the Asian Development Bank (ADB). […] Read more
MoP New Rule Aims To Bring Transparency In Electricity Distribution Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of Power (MoP) recently introduced reforms to electricity and distribution regulations aimed at enhancing system transparency through the new Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024. MoP through its latest provision aims to bring claims or sums recovered through tariff order as recoverable, thereby to be included as revenue in the financial […] Read more
Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
Karnataka Amends RPO Norms To Align With Centre’s Trajectory Updated On Thu, Oct 10th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest order, has proposed amending its state regulation on Renewable Purchase Obligations (RPOs). This proposal arises at a time when the RPO trajectory released by the Ministry of Power contradicts the state’s regulations on the matter. KERC issued the KERC (Procurement of Energy from Renewable Sources) (Eighth […] Read more
Govt Extends EV Charging Norms For Battery Swapping Centers Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of Power (MoP) in its latest notification extended several norms, meant for Electric Vehicle (EV) Charging Stations for Battery Swapping Stations (BSS) and Battery Swapping Charging Stations (BCS). This notification comes at a time when the government and several battery swapping companies are working to boost this alternative means of refueling EVs. The […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
