MNRE to offer financial incentives to DISCOMs to Support Rooftop Solar Power Updated On Mon, Jan 9th, 2017 by Saurenergy Ministry of New and Renewable Energy will provide financial incentives to DISCOMs for Rooftop Solar Power In a new policy move, the Ministry of New and Renewable Energy (MNRE) has announced financial incentives for DISCOMs to support rooftop solar power installations. The notification proposes a financial support of up to INR 3.75m (USD 55,000)/MW for […] Read more
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital Updated On Thu, Sep 22nd, 2016 by Saurenergy Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […] Read more
MNRE complains CERC against solar power shut off by Discoms Updated On Tue, Aug 9th, 2016 by Saurenergy The Ministry of New & Renewable Energy has lodge a complaint against discoms to the Central Electricity Regulatory Commission (CERC) stating that some discoms are not fully evacuating the solar power available to them, resulting in losses for solar developers. Discoms have been arbitrarily shutting off power from solar projects, for varying lengths of time, […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
₹750 Cr Budget Allocation In J&K Budget To Solarize Govt Buildings Updated On Fri, Mar 7th, 2025 by Saurenergy In Jammu and Kashmir’s (J&K) first budget as an elected government in seven years, Chief Minister and Finance Minister Omar Abdullah outlined plans to enhance the state’s solar potential. “We are promoting rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana. The solarization of 22,494 government buildings, with a total capacity of 314 […] Read more
SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff Updated On Fri, Mar 7th, 2025 by Saurenergy A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […] Read more
Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX Updated On Wed, Mar 5th, 2025 by Saurenergy Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […] Read more
MSEDCL Has Early Win in 2025 With 100 Day Solar Rooftop target Achieved Updated On Mon, Mar 3rd, 2025 by Saurenergy Maharashtra State Electricity Distribution Company Ltd (MSEDCL), the key Maharashtra discom outside Mumbai, enjoyed a rare renewable win with the achievement of its 100 day target for solar rooftops in Nagpur met in 82 days. The gains were largely the result of the PM Suryaghar rooftop scheme, with more than 1.5 lakh beneficiaries opting for […] Read more
