IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
JSW Energy Signs PPA With SECI for 540 MW of Wind Energy Projects Updated On Tue, May 4th, 2021 by Saurenergy JSW Renew Energy has signed a PPA with SECI for 540 MW of wind energy capacity out of the total awarded capacity of 810 MW. JSW Energy has announced that JSW Future Energy Limited (formerly JSW Solar Limited), a 100 percent subsidiary of the company had received Letter of Awards for total blended wind capacity […] Read more
Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC Updated On Wed, Apr 28th, 2021 by Saurenergy In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
ISGF Paper Proposes new Revenue Opportunites For Electric Utilites Updated On Sat, Apr 17th, 2021 by Saurenergy A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […] Read more
MERC Clarifies That Green Energy Tariff To Be Treated As Tariff Income In Mumbai Updated On Fri, Apr 16th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission, has issued an ‘Errata’ order for its earlier order (case 134 of 2020 on March 22) allowing Tata Power company (TPC-D), one of the three Mumbai discoms, to provide ‘green tariff at a 66 paise premium to customers. The new order makes it clear that the premium being charged for […] Read more
Dr. Rahul Walawalkar-IESA Appointed to CERC’s Central Advisory Committee Updated On Wed, Apr 7th, 2021 by Saurenergy CERC has selected Dr. Rahul Walawalkar, President of IESA to be a part of the Central Advisory Committee (CAC) of the power regulator The Central Electricity Regulatory Commission (CERC), the power sector regulator in India has appointed Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility to […] Read more
