Renew Power Declares Q2 Results, H1 Revenues Up 26% Over FY21 Updated On Thu, Nov 18th, 2021 by Saurenergy ReNew Energy Global plc (“ReNew Power”), has announced its consolidated results for the Quarter ending September 2021. These are the first full set of results from the firm since its merger with RMG II, a special purpose acquisition vehicle (SPAC) to list on NASDAQ. Till date, the Renew power listing through the SPAC route remains […] Read more
Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects Updated On Thu, Nov 18th, 2021 by Saurenergy Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […] Read more
APERC Go Ahead For AP Discoms Purchase of 7 GW Solar Power from SECI Updated On Tue, Nov 16th, 2021 by Saurenergy According to a recent notification, the Andhra Pradesh Electricity Regulatory Commission (APERC) has granted Andhra Pradesh distribution companies (DISCOMs) approval of their proposal to procure 7000 MW solar energy in three tranches from the Solar Energy Corporation of India (SECI), permitting them to enter into tripartite power sale agreement (PSA) subject to the determination of […] Read more
CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access Updated On Fri, Nov 12th, 2021 by Saurenergy In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […] Read more
Azure Power Wins its First 120 MW ISTS Wind Project with SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […] Read more
Sembcorp Bags 180MW Wind Power Project in Karnataka from SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries’ wholly owned subsidiary in India has been formally awarded a 180-megawatt (MW) wind power project in the 11th nationwide wind power auction held recently. The letter of award from Solar Energy Corporation of India (SECI) for the project has been received by Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The project […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Tata Motors signs a PPA with TATA Power For 3 MWp Solar Rooftop At Its Pune plant Updated On Tue, Sep 14th, 2021 by Saurenergy Tata Motors has signed a Solar Power Purchase Agreement with Tata Power to install and operate a 3 MWp rooftop solar project at its Passenger Vehicle Business Unit (PVBU) plant in Pune. This solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by approximately 3,538 tonnes per year. […] Read more
Renew Power Commissions 250 MW Solar project In Rajasthan Updated On Thu, Sep 9th, 2021 by Saurenergy ReNew Power today announced the commissioning of 250 MW capacity of its Interstate Transmission System (ISTS) solar generation project, SECI-3. The project has a total generation capacity of 300 MW which was won by ReNew Power in tranche 3 of the competitive auction conducted by the Solar Energy Corporation of India (SECI). ReNew expects the […] Read more
