MSMEs and SSI sought for separate electricity tariff, urges for solar use Updated On Mon, Feb 29th, 2016 by Saurenergy Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC) Updated On Thu, Jan 7th, 2016 by Saurenergy Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […] Read more
Karnataka HC Orders Puts Green Energy Open Access In Limbo Updated On Thu, Jan 9th, 2025 by Saurenergy A recent order from the Karnataka High Court has created ripples in the state’s renewable energy market. The court struck down the Central government regulations on Green Energy Open Access and the state regulations floated by the Karnataka Electricity Regulatory Commission (KERC). However, it directed the KERC to frame appropriate regulations for granting open access […] Read more
Prakash Chand Garg Joins NSEFI As Its New Principal Advisor Updated On Mon, Dec 16th, 2024 by Saurenergy The National Solar Energy Federation of India (NSEFI), an industry body representing India’s renewable energy sector, has appointed Prakash Chand Garg as NSEFI’s new Honorary Principal Advisor. PC Garg’s illustrious career spans over 37 years in the power sector, during which he has held diverse and impactful roles. In his long career, he has contributed […] Read more
APTEL Rules Against Transferability of Banked Energy Updated On Tue, Oct 29th, 2024 by Saurenergy In an order last week, the Appellate Tribunal for Electricity (APTEL) delivered a key judgement on the transfer of banked wind energy between two projects belonging to the same firm. The case was filed by steel maker Maharashtra Seamless Limited versus the Maharashtra Electricity Regulatory Commission, Maharashtra State Electricity Distribution Co. Ltd., Maharashtra Energy Development […] Read more
MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni Updated On Wed, Oct 23rd, 2024 by Saurenergy Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […] Read more
In Key Judgement, SC Backs Independence for SERCs Updated On Thu, Oct 17th, 2024 by Saurenergy In a ruling that is likely to have far reaching implications, the Supreme Court of India has strengthened the independence of India’s State Electricity Regulatory Commissions (SERCs), placing them beyond the writ of the respective state governments in issuing orders. The ruling was made by a bench comprising the Chief Justic of India Dr DY […] Read more
