Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown Updated On Mon, Jun 22nd, 2020 by Saurenergy With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […] Read more
Dark Clouds Gathering Over C&I Segment, Says ICRA Updated On Fri, Jun 19th, 2020 by Saurenergy In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […] Read more
Greenbacker Acquires Energy Storage System Portfolio From Stem Updated On Thu, Jun 18th, 2020 by Saurenergy Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […] Read more
Investments in Distributed Energy Likely to Rise Up to 75% by 2030 Updated On Tue, Jun 16th, 2020 by Saurenergy With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […] Read more
Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power, one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […] Read more
UPPCL Gets Recognition from CM for Achieving Good Results During Crisis Updated On Mon, Jun 8th, 2020 by Saurenergy UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […] Read more
West Bengal Seeking EPC Contractors for 125 MW Solar Power Plant Updated On Fri, Jun 5th, 2020 by Saurenergy WBSEDCL has issued an EOI for engineering, procurement and construction (EPC) of the 125 MW phase-1 of solar park project in West Bengal. The West Bengal State Electricity Distribution Company (WBSEDCL) has issued an Expression of Interest (EOI) for the participation of the EPC contractor to express interest through e -tendering for “engineering, procurement and […] Read more
Punjab CM Amarinder Singh Welcomes PSERC Move to Trim Power Tariff Updated On Tue, Jun 2nd, 2020 by Saurenergy Punjab Chief Minister Amarinder Singh has hailed the decision taken by the nodal agency Punjab State Electricity Regulatory Commission (PSERC) to slash domestic tariff despite a drop in revenue on the back of coronavirus lockdown. The Minister also hoped that the rates could be further rationalised in the interest of the people. Further, Punjab CM […] Read more
Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt Updated On Thu, May 28th, 2020 by Saurenergy The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […] Read more
