GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green Updated On Wed, May 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants Updated On Fri, Apr 19th, 2024 by Saurenergy Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […] Read more
Canada Authorities & RE Firm Ink PPA For 100 MW Quebec Wind Project Updated On Tue, Apr 16th, 2024 by Saurenergy Innergex Renewable Energy Inc, the Regional County Municipality of Lotbinière and the Abenaki Councils of Odanak and Wôlinak have announced the signing of a 30-year power purchase agreement with Hydro-Québec for the electricity to be generated by the 100 MW community wind power project. As per Innergex, the signing of this long-term contract with Hydro-Québec […] Read more
Relief On The Horizon For Solar Developers In GIB Zone In Rajasthan Updated On Wed, Mar 20th, 2024 by Saurenergy In developments in the vital GIB case that has impacted almost 20 GW of solar capacity additions by some estimates, the matter of building Solar Plants in a massive 80,000 square Km zone termed the Great Indian Bustard (GIB) habitat zone seems closer to a resolution. The issue had been the demand of conservationists, being […] Read more
SJVN Signs Power Usage Agreement With J&K Power Corporation Updated On Mon, Feb 26th, 2024 by Saurenergy SJVN Green Energy Limited subsidiary of SJVN Green Energy Limited (SGEL) recently signed a Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Limited (JKPCL) for 300 MW Solar Power Capacity. Further, under this agreement, 300 MW of power is expected to be supplied to JKPCL from the under-construction of the 1,000 MW Bikaner […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
NLC India Begins Construction Of 300 MW Solar Power Project In Rajasthan Updated On Fri, Feb 16th, 2024 by Saurenergy NLC India Limited, a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, recently began constructing a 300 MW solar power project at Barsingsar in the Bikaner district of Rajasthan. This project forms part of the Ministry of New & Renewable Energy’s Central Public Sector Enterprise (CPSE) Scheme. This project aims to ensure […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
