Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […] Read more
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon Updated On Wed, Oct 14th, 2020 by Saurenergy India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
CERC Shutdown- Government Plans Review petition With SC? Updated On Wed, Sep 16th, 2020 by Saurenergy The Central Electricity Regulatory Commission, which had effectively been shut down for September following a Supreme Court order, might yet start functioning a little sooner, with the government set to file a review petition, according to reports. We had reported how, since the order on August 28 last month, when the Supreme Court asked the […] Read more
India has Attained “One Nation, One Grid, One Frequency”: Nandan Sahai Updated On Mon, Sep 14th, 2020 by Saurenergy Sanjiv Nandan Sahai, Secretary, Ministry of Power, has said that India has already attained the status of “One Nation, One Grid, One Frequency”. Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints […] Read more
Karnataka Regulator Formalises a Further 3 Month Extension for RPO Obligations Updated On Tue, Aug 25th, 2020 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in an order yesterday (August 24), has given a further three months extension to all relevant parties in the state to meet their Renewable Purchase Obligations (RPO) for Fy 2020, by November 30, 2020. Effectively adding a full nine months to the original date of March 31. In effect, […] Read more
Will The Andhra Pradesh Saga Reach Endgame With Central Intervention? Updated On Mon, Aug 24th, 2020 by Saurenergy In a further turn to the ongoing tussle between developers in Andhra Pradesh and the state government there through its discoms, the National Solar Energy Federation of India (NSEFI), the apex body of solar energy developers in the country, has reached out once again to the state’s chief Minister to intervene, and for good measure, […] Read more
Aug 21 CEA Report Points To Massive Problems in Solar Project Pipeline Updated On Sun, Aug 23rd, 2020 by Saurenergy A report released by India’s Central Electricity Authority (CEA) on August 21, indicates some huge issues for the ‘pipeline’ of solar (and wind) projects. Looking at the delays and reasons for these delays in many cases, and the evolving situation on the ground,it becomes amply clear that the 2022 target of 175 GW is at […] Read more
