Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
Indian Railways to Pay Rs.27.35 Crores Plus Surcharge to TPC-D Updated On Mon, Aug 17th, 2020 by Saurenergy TPC-D had filed a petition against Indian Railways on non-compliance of the Mid-Term Review Order of MSEDCL The Indian Railways will have to pay more than Rs.27.35 crores to Tata Power Company Limited (Distribution) (TPC-D). The Maharashtra Electricity Regulatory Commission (MERC) has issued an order directing the Indian Railways to pay the outstanding stand-by charges […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
Peak Power Demand Slumps to 5.65% in August Updated On Mon, Aug 17th, 2020 by Saurenergy The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July The slump in peak power demand has widened to 5.65 percent in the first fortnight of August from 2.61 percent drop recorded in July, according to the power ministry data. Peak power demand met, which is […] Read more
AGL Energy Gets on With 850 MW Multi Site Battery Storage Project Updated On Mon, Aug 17th, 2020 by Saurenergy AGL Energy has lodged the scoping report for a new battery storage systems of up to 500 MW capacity to be built alongside its existing coal plant. Sydney headquartered AGL Energy has formally kicked off on its plans for the transformation of the ageing Liddell coal-fired power station, lodging initial development (scoping report) documents with […] Read more
Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac Updated On Mon, Aug 17th, 2020 by Saurenergy Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […] Read more
PXIL Highlights Power Market Regulatory Reforms and Insights Updated On Mon, Aug 17th, 2020 by Saurenergy PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […] Read more
