India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra Updated On Wed, Jan 22nd, 2025 by Saurenergy India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors drive this outlook: India’s economic growth, a sustained energy transition with renewables gaining a higher share in installed capacity and generation, a strong pipeline of capacity additions (both renewable […] Read more
Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps Updated On Thu, Jan 16th, 2025 by Saurenergy Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […] Read more
NLC India Signs Pact With Assam Utility To Spur Solar Projects Updated On Mon, Jan 13th, 2025 by Saurenergy NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has signed a Joint Venture (JV) agreement with Assam Power Distribution Company Limited (APDCL) to bolster energy security and promote solar energy in Assam. The pact aims to establish 1,000 MW of green energy projects, reinforcing the state’s commitment to sustainable power solutions. […] Read more
PM-KUSUM (Comp A): Centre Allocates 5 GW Capacity To Rajasthan Updated On Fri, Jan 10th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now ordered allocating an additional 5,000 MW capacity to Rajasthan under the PM Kusum (Component A) Scheme. Union Minister for New and Renewable Energy Prahlad Joshi allocated the additional quota to the state after receiving a representation from Rajasthan Chief Minister Bhajan Lal Sharma and a […] Read more
CERC Grants Relief To Wind Energy Firm Against GST Rate Hike Updated On Tue, Jan 7th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest order granted partial relief to Morjar Windfarm Development. The order from CERC came to the fore when the petitioner moved the central agency for its intervention. The Wind Energy, in its petition, asked the CERC to consider the change in GST rates as a ‘change of […] Read more
APTEL Backs Sanctity of PPA For Wind Developer In Andhra Updated On Tue, Dec 24th, 2024 by Saurenergy In an order that should serve as a marker of PPA sanctity, the Appellate Tribunal For Electricity (APTEL) has ruled against any tinkering with the tariffs committed to in PPAs between generators and discoms. In doing so, APTEL set aside an order of the APERC that allowed the same for Andhra discoms. Green Infra Wind […] Read more
MNRE Denies RE Projects Failing To Secure PPAs Updated On Thu, Dec 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […] Read more
APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations Updated On Thu, Dec 19th, 2024 by Saurenergy Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […] Read more
Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
