IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
K Shanmugha Sundaram Takes Over as Director (Projects) at NTPC Updated On Mon, Dec 4th, 2023 by Saurenergy K. Shanmugha Sundaram has taken charge as Director (Projects), NTPC on December 1, 2023. K. Shanmugha Sundaram is a 1988 batch Electronics and Communication Engineering graduate from the Government College of Technology, Coimbatore with PGDM from MDI Gurgaon in the area of Strategy & Finance. Prior to joining as Director (Projects), NTPC Limited, he was […] Read more
Sierra Leone Set to Welcome its First Wind Farm in Sherbro Island Updated On Fri, Dec 1st, 2023 by Saurenergy Sierra Leone is set to welcome its first wind farm at Sherbro Island. Towards this, the generation unit of Octopus Energy has joined hands with Idris Elba and Sherbro Alliance Partners (SAP) to realise this goal. Sherbro Alliance Partners is an infrastructure development firm. The significant announcement was made at COP28. The agreement will pave […] Read more
WBSEDCL Floats Tender for O&M of Solar Plants of 40 MW Capacity Updated On Thu, Nov 30th, 2023 by Saurenergy West Bengal State Electricity Distribution Limited (WBSEDCL) has floated a tender for comprehensive O&M solar plants of four 10 MW ground mounted solar power plants. The completion time is three years from the date of handing over the site. The estimated cost of the project is INR 5,40,00000. The Earnest Money Deposit to be made […] Read more
Uttarakhand Notifies Green Energy Open Access 2023 Regulations Updated On Wed, Nov 29th, 2023 by Saurenergy The Uttarakhand Electricity Regulatory Commission (UERC) has notified Green Energy Open Access Regulations 2023. As per the notification by the UERC, the consumer who has contracted demand or sanctioned load of 100 kW or more, either through a single connection or through multiple connections in the name of same consumer aggregating 100 kW or more located […] Read more
Dalmia Cement Plans To Use Wind Power For Its Tamil Nadu Plants Updated On Wed, Nov 29th, 2023 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited has now planned to rope in wind power to cater to its power needs. In order to boost the use of renewable energy for its power needs, it has also issued a bid seeking developers. The company, a subsidiary of Dalmia Bharat Limited, plans to use this renewable […] Read more
OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering Updated On Tue, Nov 28th, 2023 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services. As per the tender documents, the interested […] Read more
MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
