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NLC Issues Tender for 200 MW ISTS Connected Solar Project

Neyveli Lignite Corporation Limited (NLC) has invited tenders for setting up of 200 MW Solar Power Project that will be ISTS connected on a pan-India basis. The developer will also have to provide three years’ of O&M services. The bid guarantee has been kept at Rs 5.47 crore. The last date of submission is May […]

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Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn

A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […]

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High Priced Power Portal Launched Formally To Tackle Summer Peaks

As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […]

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Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards

A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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NTPC Issues Tender For 2-MW Solar Project At Agartala Airport

NTPC Vidyut Vyapar Nigam Limited (NVVN), A wholly owned subsidiary of NTPC Ltd., has invited bids for the development of 2-MW (AC) Grid Connected Solar PV Project at Tripura Airport in Agartala, Tripura. The tender is for Design, Engineering, Supply, Construction, Erection, Testing and Commissioning of the Grid Connected Solar PV Projects at Agartala Airport. […]

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Five Secrets About Solar & Wind Power You Should Know

As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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