APTEL Orders Rs 8.40/unit Payment to Karnataka Developer, Reversing KERC Order Updated On Wed, Aug 4th, 2021 by Saurenergy In a major win for developer Clearsky Solar Private Limited (CSPL), the Appellate Tribunal for Electricity (APTEL) has ruled in favour of the solar developer and directed Gulbarga Electricity Supply Company Limited (GESCOM) to pay it compensation on account of delays in the commercial operation of a solar project in Karnataka. The present ruling came […] Read more
CERC Declines A Decision on IEX Application To Permit Addl. Term Ahead, GTAM Trading Updated On Wed, Jul 28th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has delayed giving a categorical answer on certain approvals sought by Indian Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) until the Supreme Court’s verdict on the same arrives. IEX had filed a petition under the 2010 Power Market Regulations, 2010, for the approval of the introduction […] Read more
Wind Developers in Maharashtra Find Limited Support at APTEL Updated On Tue, Jul 27th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a petition filed by the Wind Independent Power Producers Association (WIPPA), challenging the process by which e-public hearing was conducted by the Maharashtra Electricity Regulatory Commission (MERC) on July 16, 2021. The petitioner filed its petition under Section 121 of the Electricity Act, 2003, […] Read more
CERC Notice To Power Trading Firms For Failing to Maintain Net Worth Updated On Fri, Jul 9th, 2021 by Saurenergy For National Energy Trading Services Limited, and Atria Energy Services Private Limited, a weak balance sheet submitted to the Central Electricity Regulatory Commission (CERC) for downgrading their energy trading licenses has landed both in a hot soup. In both cases, the Central Regulator, after going though the documents on record, has seen a fit case […] Read more
Senior Manager Sourcing Updated On Thu, Jul 8th, 2021 by Saurenergy The Senior Supply Chain Manager will be part of strategic Sourcing team which is part of NEXTracker Supply Chain team at large. General responsibilities will include supplier qualification & onboarding, scouting & benchmarking suppliers, landed cost analysis, managing supplier escalations, contract negotiations, preparation of reports, presentations & correspondence, market/data research & analysis and data tracking. […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
Business Development Analyst II Updated On Fri, Apr 16th, 2021 by Saurenergy The First Solar Technology Sales & Origination team manages sales and relationships with buyers of First Solar PV module technology across customer groups of Developers, IPPs, Utilities, and EPCs. As the leading supplier of utility-scale solar projects in the U.S. market, First Solar is growing this fast-paced team to engage across the national utility-scale solar […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC Updated On Tue, Sep 1st, 2020 by Saurenergy In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […] Read more