Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
Hartek Secures 765kV Projects From PGCIL In Indore, Kurnool Updated On Wed, Jul 17th, 2024 by Saurenergy Hartek Group has secured multiple 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL). The key orders include supplying and commissioning high-voltage transmission projects at Indore and Kurnool. These projects can help to enhance power system reliability and boost transmission capacity to power-deficit regions. With large power generation projects expected until 2030, these […] Read more
India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond Updated On Mon, Jul 15th, 2024 by Saurenergy India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […] Read more
Govt’s New Scheme To Aid In Evacuating RE From Rajasthan, Karnataka Updated On Mon, Jun 24th, 2024 by Saurenergy The Union government has now approved new Inter-State Transmission System (ISTS) schemes to evacuate 9 Gigawatt (GW) of renewable energy (RE) from the renewable rich states of Rajasthan and Karnataka. These schemes will be implemented through Tariff-Based Competitive Bidding (TBCB) mode. These schemes are part of the government’s 500 GW renewable energy capacity by 2030 […] Read more
MoP Releases Norms To Compensate For Damages Under Right Of Way Updated On Thu, Jun 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […] Read more
Solar, Wind Generations See A Surge, Says CEA Data Updated On Fri, Jun 14th, 2024 by Saurenergy Latest data from the Ministry of Power said that the generation of solar and wind energy witnessed a rise on a Year-on-Year basis (YoY) in the month of April this year in India. The monthly generation data from the Central Electricity Authority (CEA) said that in the month of April 2024, India generated around 12,021 […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
