IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
EV Charging Firm TelioEV Ventures Abroad In Five Countries Updated On Thu, Feb 29th, 2024 by Saurenergy EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […] Read more
Conference on Distributed Renewable Energy for Sustainable Development Updated On Wed, Feb 28th, 2024 by Saurenergy Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
Govt Asks States To Align With Green Open Access Rule 2022 Updated On Tue, Feb 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued directives for all states and union territories emphasizing on the implementation of amended electricity rules that aimed at promoting green energy open access. The Ministry of Power (MoP) in its notification released on 12th February 2024 in its notification, gave the directive to states to align with the […] Read more
PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects Updated On Tue, Feb 20th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […] Read more
Karnataka Tops List With Most EV Charging Stations In India, Reveals BEE Data Updated On Mon, Feb 19th, 2024 by Saurenergy In a recent revelation by the Union Ministry of Power, the Bureau of Energy Efficiency (BEE) stated that the southern state of Karnataka has grabbed the top position as far as electric vehicle charging stations are concerned. The data said that the state now has 5,059 EV charging stations. According to a release from the […] Read more
Pulse Energy Partners With ChargeZone, Other Charging Networks For Expanding EV Charging Updated On Tue, Feb 13th, 2024 by Saurenergy Electric Vehicle charger aggregator, Pulse Energy has announced its partnership with ChargeZone and 20+ charging networks across India. The company said that the partnership is aimed at offering a unified EV charging experience to EV users and fleets. According to a press statement by the company, fleet operators can now partner with Pulse Energy directly […] Read more
Rooftop Solar: Rajasthan Regulator Increases Net-Metering Limit To 1MW Updated On Thu, Feb 8th, 2024 by Saurenergy Rajasthan Electricity Regulatory Commission (RERC), in its latest suo-motu order, increased the net metering limit for rooftop solar consumers from 500 Kw to 1 Megawatt (MW). The order cited the slow growth of rooftop solar in the state and the thrust of the Union government toward the segment. Per the Rights of Consumer (ROC) Amendment […] Read more
