State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL Updated On Mon, Jul 10th, 2023 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […] Read more
Rajiv Kumar Porwal Takes Over as Director (System Operation) at Grid India Updated On Mon, Jul 10th, 2023 by Saurenergy Rajiv Kumar Porwal has stepped into the role of Director (System Operation) of Grid Controller of India Limited (Grid-India) formerly POSOCO. The appointment came into effect on July 7, 2023. Before being elevated to this role, he was contributing as Executive Director, Northern Region Load Despatch Centre (NRLDC), Grid-India. R K Porwal holds a Bachelor’s […] Read more
NTPC Group’s Total Power Generation Capacity Crosses 73 GW Updated On Fri, Jul 7th, 2023 by Saurenergy The total generation capacity of the National Thermal Power Corporation (NTPC) Group has crossed 73 Gigawatt (GW), a statement from the Ministry of Power said today. The ministry said that with more power projects, the group’s total installed electricity generation capacity touched 73,024 Megawatt (MW). It includes 57,038 MW installed capacity of power plants owned by […] Read more
Power Consumers Without Automatic Meter To Be Penalised In Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest suo motu order, has asked all the open access power consumers in the state to install Automatic Meter Reading (AMR) facilities on their premises before August 1, 2023. The Commission said that after the scheduled date, the errant consumers not complying with the order could face a […] Read more
POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment Updated On Fri, Jul 7th, 2023 by Saurenergy POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […] Read more
Fourth Partner Energy Commences Power Supply of 26 MW to Foundry Group in Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy Renewable energy solutions firm, catering to Commercial & Industrial businesses, Fourth Partner Energy has commenced supply of 26 MW power to Ashok Iron Group, a foundry group that produces a range of machined iron castings. Fourth Partner Energy is helping the Group meet clean energy goals via its open access solar park with 72 MW […] Read more
APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits Updated On Fri, Jul 7th, 2023 by Saurenergy In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […] Read more
Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030 Updated On Thu, Jul 6th, 2023 by Saurenergy Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
