CERC Grants HPX Additional Time To Appoint MD, Independent Director Updated On Thu, Dec 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […] Read more
Sharad Mahendra to Step Into Joint Managing Director & CEO Role at JSW Energy Updated On Tue, Dec 5th, 2023 by Saurenergy JSW Energy Ltd has appointed 57 years old Sharad Mahendra as its Joint Managing Director & CEO. The statement from the firm read as, “”Mahendra shall be the Joint Managing Director & CEO and a Key Managerial Person of the Company with effect from February 1, 2024. He will take on the role of CEO […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
K Shanmugha Sundaram Takes Over as Director (Projects) at NTPC Updated On Mon, Dec 4th, 2023 by Saurenergy K. Shanmugha Sundaram has taken charge as Director (Projects), NTPC on December 1, 2023. K. Shanmugha Sundaram is a 1988 batch Electronics and Communication Engineering graduate from the Government College of Technology, Coimbatore with PGDM from MDI Gurgaon in the area of Strategy & Finance. Prior to joining as Director (Projects), NTPC Limited, he was […] Read more
Falling Module Prices To Ensure Record Solar Capacity Addition in Fy24- CRISIL Updated On Tue, Nov 21st, 2023 by Saurenergy Read more
Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL Updated On Tue, Nov 21st, 2023 by Saurenergy Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […] Read more
RECPDCL Seeks Solar Power Developers for 290 MW Solar Projects with Greenshoe Option Updated On Tue, Nov 21st, 2023 by Saurenergy REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power) has invited proposals from solar power developers for setting up 290 MW grid-connected solar power projects through tariff-based competitive bidding process. The tender comes with a greenshoe option of additional capacity of 290 MW […] Read more
Tata Power Receives First Set of BESS for 120 MW Energy Project Updated On Mon, Nov 20th, 2023 by Saurenergy Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […] Read more
RECPDCL Issues Request for Proposal For 1 GW Renewable Energy Updated On Fri, Nov 17th, 2023 by Saurenergy Read more
