“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration” Updated On Fri, Jul 1st, 2022 by Saurenergy Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […] Read more
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
World Bank Provides $165 M To Support RE In India’s Residential Sector Updated On Thu, Jun 30th, 2022 by Saurenergy The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […] Read more
MSEDCL Issues 1 GW Tender for Solar Power Supply Updated On Wed, Jun 29th, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued a new tender to procure 1 GW (1000 MW) of solar power supply through a competitive bidding process. MSEDCL will procure this solar power supply from those projects which are connected to the distribution network in Maharashtra under “Mukhyamantri Saur Krishi Vahini Yojana”. The last date […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […] Read more
Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market Updated On Wed, Jun 29th, 2022 by Saurenergy To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […] Read more
MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems Updated On Wed, Jun 29th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money […] Read more
Apraava Energy Completes Solar Electrification Project In 14 Madhya Pradesh Villages Updated On Tue, Jun 28th, 2022 by Saurenergy Apraava Energy, a diversified provider of low-carbon energy in India, has completed a solar electrification project it had undertaken in 2020 to meet the energy needs of over 3687 households around its Satpura Transco Private Ltd (STPL) transmission project in Madhya Pradesh. Apraava Energy implemented the project in partnership with SELCO Foundation in 14 villages […] Read more
