Requirement of Experienced Non-Executive Personnel- 2021 Updated On Mon, Sep 27th, 2021 by Saurenergy Indian Oil Corporation Limited (IOCL) is a diversified, integrated energy major with presence in oil, gas, petrochemicals and alternative energy sources. Empowered with the ‘Maharatna’ status, the organization renders overriding prominence to the energy needs of the country and aspires to be ‘The Energy of India’ and ‘A Globally Admired Company’. IndianOil has been featuring […] Read more
No Relief For Greenyana At Aptel For Haryana Project Updated On Mon, Sep 27th, 2021 by Saurenergy Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Mumbai’s BEST Issues Tender for 1,900 Electric Buses Updated On Tue, Sep 21st, 2021 by Saurenergy Mumbai’s BEST (the Brihanmumbai Electric Supply & Transport Undertaking) has issued tenders for procuring 1,900 fully electric buses, signalling one of the biggest electric bus fleet expansions in the country. It will issue tenders in the next few days for procuring 200 double deckers, which will also be fully electric, according to media reports. “We […] Read more
MSEDCL, MERC Face Censure From APTEL Over Payment Delays To Wind Developer Updated On Tue, Sep 21st, 2021 by Saurenergy In a highly critical new order, the Appellate Tribunal for Electricity (APTEL) has ruled against the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), quashing its appeal against “interest on interest,” as imposed on it by the Maharashtra Electricity Commission (MERC), which awarded 1.25% penalty interest on 1.25% delayed payment charges interest to Rajalakshmi Minerals, a […] Read more
Tariff Markdown on Manufacturing Tender. Unfair For Developers? Updated On Tue, Sep 21st, 2021 by Saurenergy Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […] Read more
Tata Power Gets LOI for 250 MW Solar Power From MSEDCL Updated On Mon, Sep 20th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Intent’ (LoI) from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) for setting up of 250 MW Grid-Connected Solar Photovoltaic Power plant in Maharashtra. The project has been awarded to TPSL through Tariff-based competitive bidding followed by e-Reverse auction. The Company […] Read more
SECI’s 1000 MW PSA Signing with TANGEDCO, Vital Step Forward For Mfg. Linked Tender Winners Updated On Mon, Sep 20th, 2021 by Saurenergy It says something for the dearth of good news we have had in the solar sector, that firms and even government bodies have taken to highlighting every step of the process from planning to tenders to winners to even the signing of PSA’s (power sales agreement) and PPA’s (Power Purchase Agreement) now. The backlog of […] Read more
Curtains Finally Coming Down On Andhra Solar Power Tussle? Updated On Fri, Sep 17th, 2021 by Saurenergy In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. […] Read more
