Delhi Discoms Penalised for Defaulting on RPOs Updated On Wed, Oct 9th, 2019 by Saurenergy DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […] Read more
Vestas Unveils Wind Turbine Contracts Worth 1316 MW in the US Updated On Thu, Oct 3rd, 2019 by Saurenergy Vestas has announced the signing of 5 new wind turbine delivery agreements in the US worth a combined capacity of 1316 MW Vestas has announced the signing of multiple new wind turbine agreements for projects due to be developed in the United States (US). In total, the company has announced 5 deals worth a combined […] Read more
AfDB Grants Loan for 18 MW Solar Plus Storage Project in Chad Updated On Thu, Oct 3rd, 2019 by Saurenergy AfDB has approved a loan of 18 million euros for the establishment of the solar plus storage facility of Djermaya in Chad. The African Development Bank (AfDB) has approved a loan of 18 million euros and a Partial Risk Guarantee (GPR), for the establishment of the solar power station of Djermaya in Chad. Storage The […] Read more
GE Renewable Energy Plans to Become Carbon Neutral in 2020 Updated On Thu, Sep 26th, 2019 by Saurenergy GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […] Read more
Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan Updated On Fri, Sep 20th, 2019 by Saurenergy Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […] Read more
Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar Updated On Fri, Sep 13th, 2019 by Saurenergy Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years Updated On Mon, Sep 9th, 2019 by Saurenergy Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […] Read more
NCLT Approves IL&FS Proposal to Sell 7 Wind Assets Updated On Thu, Aug 29th, 2019 by Saurenergy NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […] Read more
