DERC Issues Draft Green Energy Open Access Rules Updated On Tue, Jun 11th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently unveiled its draft regulations on Green Energy Open Access. This policy aims to establish fair guidelines for accessing green energy, particularly from renewable sources, through the Intra-State Transmission System (InSTS) or the distribution system of licensees. The draft rules proposed to offer green energy through open access ranging […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS Updated On Thu, May 23rd, 2024 by Saurenergy In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […] Read more
GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity Updated On Tue, May 21st, 2024 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms. The total potential of PHPs from all the 16 […] Read more
Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire Updated On Mon, May 20th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest judgement ordered the Gujarat discom-Uttar Gujarat Vij Company Limited (UGVCL) and govt entity Gujarat Energy Transmission Corporation Limited (GETCO) to refund the amount charged to solar generators on account of delays. The case was filed by Arka Energy, Aditya Energy and their clients jointly against UGVCL, […] Read more
GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro Updated On Mon, May 20th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […] Read more
IEX Year End Review: DAM Prices Witness A Decline In FY24 Updated On Thu, May 16th, 2024 by Saurenergy Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase. In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […] Read more
GIB Row: CERC Grants Compensation To PFC In Case Involving Adani Green Updated On Wed, May 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement allowed compensation to Fatehgarh Bhadla Transmission Limited (FBTL) due its increased project cost due to the Great Indian Bustard (GIB) row. FBTL is a Special Purpose Vehicle (SPV) of the PFC Consulting Limited. It was created to develop a transmission system for ultra mega solar […] Read more
Pakistan A Step Closer To 1.3 GW Renewable Project Updated On Thu, May 9th, 2024 by Saurenergy Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […] Read more
