Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
NHDC Tenders for Price Discovery of Solar Modules for 1500 MW PV Projects Updated On Mon, Oct 19th, 2020 by Saurenergy NHDC has issued a limited tender for the price discovery of solar PV modules for solar power projects of NHDC for RUMSL RFPs for 1500 MW. NHDC Ltd, a Joint Venture of NHPC Ltd and the Government of Madhya Pradesh, has issued a limited tender for the price discovery of solar PV modules for solar power […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
NHDC Tenders for Price Discovery of EPC Contract for 1500 MW Solar Projects Updated On Wed, Sep 30th, 2020 by Saurenergy NHDC has issued a limited tender for the price discovery of EPC Contract for BOS for the development of solar power projects of NHDC in RUMSL, MP. NHDC Ltd, a Joint Venture of NHPC Ltd and the Government of Madhya Pradesh, has issued a limited tender for the price discovery of EPC Contract for Balance […] Read more
INKEL Commissions 0.6 MW Solar Plant in Kerala Under IPDS Scheme Updated On Mon, Sep 28th, 2020 by Saurenergy INKEL Limited has announced that it has commissioned a 0.6MW grid-connected solar power plant at a 110 kV KSEB Substation at Kottiyam in Kollam district of Kerala under the IPDS scheme. The project was inaugurated by M.M Mani Hon’ble Minister for Electricity on September 16, 2020. The project was executed by INKEL Limited (A Public-Private […] Read more
Rs 3300 Cr Loan Released for Andhra Pradesh Power Sector Updated On Wed, Sep 23rd, 2020 by Saurenergy The Central Government has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector under the second tranche of the Atmanirbhar Loan. The Central Government has announced that it has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector. The loan will fall under the second […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more