Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order Updated On Thu, Jan 30th, 2020 by Saurenergy In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […] Read more
Bengaluru Rooftops Capable of Generating 2.5 GW Solar Power Updated On Mon, Jan 27th, 2020 by Saurenergy A survey conducted by BESCOM has revealed that the rooftops of 1.4 lakh buildings in Bengaluru have the potential to generate 2.5 GW of solar power. A survey conducted by the Bangalore Electricity Supply Company Limited (BESCOM) has revealed that the rooftops of 1.4 lakh buildings have the potential to generate 2.5 GW of solar […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
Will ADITYA Succeed Where UDAY failed? Updated On Thu, Jan 16th, 2020 by Saurenergy Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […] Read more
Tata Power Approved to Procure 150 MW Solar Power at Rs 2.83/kWh Updated On Mon, Dec 9th, 2019 by Saurenergy MERC has approved the petition filed by Tata Power Company Limited – Distribution to procure 150 MW of solar power at a tariff rate of Rs 2.83/kWh The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by Tata Power Company Limited – Distribution (TPC-D) to procure 150 MW of […] Read more
Rs 183 cr in Funds Released for Mega Solar Projects in FY 19-20 so far Updated On Sat, Nov 30th, 2019 by Saurenergy RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […] Read more
At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction Updated On Fri, Nov 1st, 2019 by Saurenergy In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […] Read more
SECI’s ISTS-VI Tender for 1200 MW Solar Projects Fully Subscribed Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has received four bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The Solar Energy Corporation of India (SECI) has received bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The tender, which was initially issued with Madhya Pradesh being the only delivery point […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more