Himachal Pradesh Aims To Be First State To Use Only Green, Renewable Energy In India Updated On Mon, Mar 7th, 2022 by Saurenergy Himachal Pradesh will make efforts to ensure that 100 per cent of its energy requirement is met through renewable and green energy – this is the key takeaway of the Budget speech by Chief Minister Jai Ram Thakur on March 4. As of today, Himachal Pradesh consumes about 12000 million units of power every year. […] Read more
CEO – Solar C& I Updated On Fri, Mar 4th, 2022 by Saurenergy CEO – Solar C&I will report to the Managing Director and will be responsible for Fund raising, Strategy, Business development, operations of the vertical. Establishing the vertical of solar power project development, in the company, (roof top & ground mounted) wherein he will be responsible to look after business development, project conceptualization, project initiation, liaison […] Read more
SJVN Bags 15 MW floating solar project in Himachal Updated On Sun, Feb 27th, 2022 by Saurenergy Nand Lal Sharma, Chairman & Managing Director, SJVN has announced the winning of a 15 MW Grid Connected Floating Solar PV Power Project at Nangal pond, near village Neilla, District Bilaspur, Himachal Pradesh. SJVN has bagged the full quoted capacity of 15 MW @ INR 3.26 /Unit on Build Own and Operate basis through e-Reverse […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Settle CIL Case with SECI Directly, Not in Court, CERC tells Adani Solar Updated On Mon, Feb 21st, 2022 by Saurenergy The Central Electricity Regulatory Commission has declined to accord the ‘in-principle approval’ sought by Adani Solar for a ‘Change in Law’ event with regards to its PPA with SECI for a 50 MW solar plant in Rajasthan. In November 2018, Adani Solar Energy Four Private Limited (formerly known as Kilaj Solar (Maharashtra) Private Limited) (ASEFPL) entered […] Read more
APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
CERC pushes Developers to settle Change in law issues with SECI directly, not in court Updated On Tue, Feb 15th, 2022 by Saurenergy In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […] Read more
SJVN to Develop 10,000 MW Solar Projects in Rajasthan Updated On Wed, Feb 9th, 2022 by Saurenergy In a major development in the renewable sector, mini-ratna SJVN will soon sign a Memorandum of Understanding (MoU) with the Rajasthan Government to develop 10,000 MW solar power projects in the next 5 years in Rajasthan. A formal proposal was submitted by SJVN for the said project to the Rajasthan government. It was accepted and […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more