Adani Green Bets High On Khavda To Boost Its RE Capacity Updated On Tue, Nov 7th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […] Read more
UPNEDA Revises Norms in 150 MW Solar RFS Under PM KUSUM Updated On Mon, Nov 6th, 2023 by Saurenergy UPNEDA (Uttar Pradesh New Energy Development Agency) had issued a tender for procurement of power through tariff based competitive bidding process from grid connected solar power plants connected to selected segregated agriculture feeder of distribution substation cumulative capacity of 150 MW for sale of power to UPPCL at various locations in Uttar Pradesh through RESCO […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more
India’s RE sector offers scale of economies to foreign investors: Dhananjay Singh, ENGIE Updated On Tue, Oct 10th, 2023 by Saurenergy Please tell us about your installed capacities in India. Globally, we have got about 38 Gigawatts of renewable capacity and out of that in India, we have got over a gigawatt in operations and close to 1 gigawatt in construction. And then we want to grow bigger in India and probably we want to be […] Read more
RPO Non-Compliance Penalty Should Be Higher: Prayas Energy Group Updated On Fri, Sep 15th, 2023 by Saurenergy Pune-based energy think tank Prayas Energy Group has urged the Maharashtra Electricity Regulatory Commission (MERC) to consider keeping the penalty for non-compliance of Renewable Purchase Obligation (RPO) higher. The think tank expressed its views in connection with the MERC draft (RPO, Its Compliance and Implementation of Renewable Energy Certificate Framework (First Amendment) Regulations 2023. RPO […] Read more
SECI’s Hybrid Projects Set To Offer Green Power At Rs 2.53/Unit Updated On Thu, Sep 14th, 2023 by Saurenergy India is all set to get renewable power from upcoming 1,170 MW solar-hybrid projects at Rs 2.53 per unit. These Inter-State Transmission System (ISTS) projects are situated in states like Rajasthan, Karnataka and Gujarat. These projects are set to be commissioned by next year. These projects were part of the Solar Energy Corporation of India […] Read more
RERC Approves Amended Norms On RE Tariff Determination Updated On Tue, Sep 5th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, notified the first amendment to the tariff determination regulations for renewable energy. It came after the Commission received responses from the stakeholders over its draft regulation on the issue. The new regulation has been named RERC (Terms and Conditions for Tariff Determination from Renewable […] Read more
NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD Updated On Tue, Aug 29th, 2023 by Saurenergy Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […] Read more
Solar PV Concentration In Few States Not Healthy, Hints IIT Study Updated On Mon, Aug 28th, 2023 by Saurenergy A latest study undertaken by the researchers at the Indian Institute of Technology (IIT), Kharagpur, hinted that the current trend of concentration of solar power projects in certain Indian states was good for the growth of the sector. The report, co-authored by Saikat Ghosh, Jatindra Nath Roy and Chandan Chakraborty, analyzed the merits of geographical diversification of […] Read more