MERC Declines To Re-Determine Wind Tariff On Actual CUF Updated On Fri, Jan 3rd, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has declined to amend a regulation retrospectively to re-determine tariffs. The case pertained to the re-determination of tariffs for wind power generators in Maharashtra. The order emerged when the state power utility MSEDCL approached the regulatory commission, arguing that actual tariff determination should be based […] Read more
SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh Updated On Fri, Jan 3rd, 2025 by Saurenergy Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […] Read more
CREDA Plans Rooftop Solar Under RESCO Mode, Issues Tender Updated On Thu, Jan 2nd, 2025 by Saurenergy Chhattisgarh State Renewable Development Agency (CREDA) recently invited expressions of interest (EOI) to select bidders to implement 20 MWp grid-connected rooftop solar systems under RESCO model. These projects will be located in registered housing societies in Chhattisgarh. The solar power generated under this project will be sold to registered housing societies in Chhattisgarh. Bids will […] Read more
Waaree Energies Bags 150MWp Solar Module Order Updated On Thu, Jan 2nd, 2025 by Saurenergy Indian solar module manufacturer Waaree Energies today announced bagging a new solar module order of 150MWp capacity. The company said that it bagged the order from a renewable energy company engaged in owning, developing and operating renewable power projects in India. “This is to inform you that the Company has today received an order for […] Read more
IREDA Sanctions Up 129% In Q3, Disbursements Rise 41% Updated On Thu, Jan 2nd, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […] Read more
9.6 GW Of Renewable Capacity Under Construction: NTPC Updated On Thu, Jan 2nd, 2025 by Saurenergy Indian power behemoth NTPC Limited said it has around 9.6 GW of renewable energy projects under construction. The Central Public Sector Enterprise (CPSE) furnished the information while discussing its capacity additions in Q3 of FY25. The company said that it recorded a generation of 326 BU (Billion Units) at the end of the third quarter […] Read more
JSP, Adyant, Green Prairie, AMPIN, Adani Renewables Secure NTPC’s 1.2 GW Hybrid Project Updated On Tue, Dec 31st, 2024 by Saurenergy As the year comes to an end, NTPC, a Maharatna company, has announced five winners of its 1.2 GW wind-solar hybrid project (Hybrid 02) tender. NTPC awarded the project to JSP Green (Jindal Renewables), Adyant Enersol (Datta Infra), Green Prairie Energy IV (EverGreen Power), AMPIN Energy Utility, and Adani Renewables Energy Holding Twelve (Adani Green). […] Read more
Top 5 Trends Shaping the Global Wind Power Industry in 2025 Updated On Tue, Dec 31st, 2024 by Saurenergy The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […] Read more
Waaree RTL Confirms Jindal Renewables As 2 GW EPC Client Updated On Tue, Dec 31st, 2024 by Saurenergy Mumbai-based Waaree Renewable Technologies Limited (WRTL), the EPC focused subsidiary of Waaree Energies Limited, India’s largest solar PV module manufacturer, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project will be implemented […] Read more
