Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation Updated On Thu, Sep 22nd, 2022 by Saurenergy After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […] Read more
Tata Power RE, Three Other Firms Win GUVNL’s 750 MW Solar Project Updated On Tue, Sep 20th, 2022 by Saurenergy The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners. Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a […] Read more
EESL Issues Tender for 24 MW Solar Module for Maharashtra Updated On Mon, Sep 19th, 2022 by Saurenergy A Joint Venture of NTPC Limited, Power Finance Corporation, REC and POWERGRID- Energy Efficiency Services Limited (EESL)- has floated a tender for 24 MW solar modules supply for Maharashtra. According to the tender document, all solar modules should be poly-crystalline & the capacity of all modules should be 330 WP or above. The modules are […] Read more
Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Rosatom Looks for Opportunities in Renewables, Carbon Fibre, EV in India Updated On Thu, Sep 15th, 2022 by Saurenergy Russian energy player Rosatom Group leadership has said that it is looking at opportunities in the renewables and carbon fibre sectors, among others, with regards to the Indian market and the firm wants to play a key role in the energy transition of the country, according to reports. Vadim Titov, President of Rusatom-International Network, has […] Read more
PSUs- the Pathway for India’s Clean Energy Goals to Net Zero By 2070 Updated On Wed, Sep 14th, 2022 by Saurenergy Coal India Limited (CIL), NTPC, and Indian Railways- three of India’s largest central state-owned enterprises, can help the nation achieve its climate goals, while also capturing a portion of the clean energy goals / market and reducing an anticipated 22%-28% cash flow gap by 2050 as India moves towards net-zero, according to a new report […] Read more
Govt OMCs to Run Retail Fuel Stations on Solar by ’24 Updated On Mon, Sep 12th, 2022 by Saurenergy Indian Government-owned companies are increasingly employing renewable sources of energy to decarbonise operations and add to the country’s target of achieving the net zero target by 2070. In a fresh announcement, Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, has said that state run-oil marketing companies (OMCs) will operate their complete network of petrol […] Read more
