NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
SJVN and IREDA Agree Terms for Cooperation on Green Energy Projects Updated On Tue, Dec 8th, 2020 by Saurenergy SJVN Ltd and the Indian Renewable Energy Development Agency (IREDA) have entered an MoU for collaboration on green energy projects. Two Public Sector Undertakings under the Ministry of Power, SJVN Ltd and the Indian Renewable Energy Development Agency (IREDA) have announced that they have entered a Memorandum of Understanding (MoU) for collaboration on green energy […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
The Plan is to Power the Entire Agriculture Sector With Solar: RK Singh at RE-Invest Updated On Sat, Nov 28th, 2020 by Saurenergy India’s plan is to rapidly take forward the idea of solarising its agriculture sector, and not just stop at solar pumps but cover the entire value chain. Agro-PV offers an opportunity to enable the achievement of both sustainable agriculture and clean energy transitions. Decentralised and distributed renewable energy solutions including solar-powered irrigation can significantly contribute […] Read more
India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
Smart Electricity Meters in Jammu, Srinagar From Next Month Updated On Mon, Oct 26th, 2020 by Saurenergy Installation of smart electricity meters to bring transparency in billing and reduce power losses will begin in Jammu and Srinagar from next month. Installation of smart electricity meters to bring transparency in billing and reduce power losses will begin in Jammu and Srinagar from next month, officials have confirmed. In the first phase starting November […] Read more
