Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract Updated On Fri, May 24th, 2024 by Saurenergy Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […] Read more
ABAN Power & Venterra Firm Form India Offshore Wind Alliance Updated On Wed, May 22nd, 2024 by Saurenergy ABAN Power and Gavin and Doherty Geosolutions (GDG), a division of the Venterra Group, have formed an alliance to expedite offshore wind projects and energy infrastructure throughout Asia-Pacific, including India. The objective of this partnership is to assist India in reaching its 2030 target of 500 GW of renewable energy capacity. Through the combination of […] Read more
GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro Updated On Mon, May 20th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […] Read more
Module Supply: ReNew, Emmvee, Vikram Solar Win NTPC’s Khavda Tender Updated On Sat, May 18th, 2024 by Saurenergy NTPC REL (Renewable Energy Limited) has awarded the contracts of supply of solar modules for its 1,255 MW solar project to three solar module manufacturers. Three companies-Emmvee, ReNew and Vikram Solar emerged as the winners of the NTPC REL’s tender. The tender was floated in September 2023. The solar project is scheduled to come up […] Read more
MNRE Issues Order To Simplify Solar Park Documentation Updated On Wed, May 15th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest order exempted the vetting of Detailed Project Reports (DPRs) and solar parks infrastructure development charges and O&M charges of solar parks by the State Government Committee. This was done by demands were made by the developers to ease out the process. The new notification […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
CERC Declines Relief To Adani Subsidiary Over Delay In Bhuj Wind Project Updated On Mon, May 13th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give any relief to Adani Wind Energy Kutchh One Limited over its delay in the commissioning of its proposed 250 MW wind energy project. The project was slated to come up at Dayapar village in the Bhuj district of Gujarat. The Adani Group […] Read more
ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
