Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW Updated On Thu, Aug 4th, 2022 by Saurenergy Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them- Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […] Read more
Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
MSEDCL Seeks Approval From MERC For Energy Storage Facility In Unique Bidding Updated On Fri, Jul 22nd, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval of procurement of 250 MW flexible and schedulable power from renewable energy sources with green-shoe option along with an energy storage facility for 25 years and approval of the related tender documents. Maharashtra State Electricity […] Read more
93% of MSEDCL Tender For 535 MW Solar Power Goes To Railways Firm Updated On Fri, Jul 22nd, 2022 by Saurenergy In an interesting development, Braithwaite India and Co. Limited, a firm under the Ministry of Railways, has got an allotment of 500 MW out of a 535 MW of bids accepted by MSEDCL (Maharashtra State Electricity Distribution Company Limited), under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ from 2 to 10 MW capacity projects. For the […] Read more
REMC Ltd Has Floated 1.55 GW Solar Project Tender For Many Railway Stations Across India Updated On Mon, Jul 18th, 2022 by Saurenergy A joint venture between the Indian Railways and Rail India Technical and Economic Service (RITES), REMC Ltd. has announced a tender for a land-based solar PV power plant on farmers’ or private land close to the traction substation (TSS) at a 25 kV connection (TSS-II). The total capacity of these tenders is 1.548 GW (almost […] Read more
Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more
SJVN To Build Two Solar Power Projects For Rs 690 Cr In Uttar Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy State-owned renewable energy player SJVN has announced that it has entered into an agreement with Solarworld Energy Solutions for the development of two solar power projects in Uttar Pradesh. There will be a total investment of more than Rs 690 crore and the total generation capacity of the two solar projects shall be 125 MW. […] Read more
300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh Updated On Tue, Jul 12th, 2022 by Saurenergy Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […] Read more
