CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
MPERC Revises Tariff Reduction, Green Certification Witnesses 42% Reduction Updated On Thu, Mar 7th, 2024 by Saurenergy Madhya Pradesh Electricity Regulatory Commission (MPERC) in its recent notification has announced a 42% reduction in its recent tariff revision and also removed the limitation on the minimum consumption for availing of green energy certification. This revision was made for consumers availing of green energy from distribution licensees only to reduce their carbon footprint and […] Read more
IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
CERC Grants Transmission Approval to POWERGRID In Andhra Pradesh Updated On Fri, Mar 1st, 2024 by Saurenergy A petition was filed by POWERGRID Ananthpuram Kurnool Transmission Limited for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act to establish the Inter-State Transmission System for the “Transmission Scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW ) and Kurnool (1000 MW), Andhra Pradesh” on a Build, […] Read more
DERC Releases Peer-To-Peer Guideline For RE With 200 kW Load Updated On Wed, Feb 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently notified a peer-to-peer energy transaction guidelines, 2024. They were released to promote the use of renewable energy, embed generation within the distribution network, and create an additional avenue of income for prosumers. The policy set guidelines for peer-to-peer metering arrangements having less than or equal to 200 kW […] Read more
5 Ways India Defies Global Rules For Solar Success Updated On Mon, Feb 26th, 2024 by Saurenergy At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […] Read more
GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL Updated On Wed, Feb 21st, 2024 by Saurenergy Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […] Read more
Daman & Diu Invites Bids For 7.47 MW Solar Power Expansion Updated On Tue, Feb 20th, 2024 by Saurenergy The Electricity Department of Daman and Diu has issued a tender to augment the capacity of two solar power projects in the Union Territory. The tender speaks for raising the capacity of an existing 6 MWdc solar power project by 2.56 MWdc. Also, the capacity of a 3 MWdc solar power project also needs to […] Read more