NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20 Updated On Thu, Apr 23rd, 2020 by Saurenergy Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […] Read more
SECI Extends Deadline for 3 Solar PV Project Tenders Updated On Tue, Apr 21st, 2020 by Saurenergy SECI has issued a notification, extending the bid submission deadline for three of its active solar PV project tenders at SCCL in Telangana. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for three of its active solar PV project tenders. The three tenders for which the deadlines […] Read more
Amplus Offers Helping Hand to Local Community amid Lockdown Updated On Tue, Apr 14th, 2020 by Saurenergy Amidst lockdown across the country to contain the spread of coronavirus, Gurugram-headquartered Amplus Solar is supporting the local community of Gurudev Nagar village in Mirzapur district, which is in the vicinity of UP’s first open-access solar park of 75 MWp owned by it. The company, which is a 100 percent subsidiary of Petronas Holdings, Malaysia, […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown Updated On Mon, Apr 6th, 2020 by Saurenergy Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […] Read more
Fresh CERC Order On Adani Green Energy Plea Establishes Ground Rules Updated On Tue, Mar 31st, 2020 by Saurenergy In a judgement uploaded on March 27, the Central Electricity Regulatory Commission has iterated the by now established view on GST change, where it has regularly been accepting it as a change in law. It has also allowed restitution to developers accordingly, payable by implementing agencies SECI and NTPC respectively, subject to the providing of […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
CERC Sticks to the Script in Judgement on Hero Solar Petition Updated On Thu, Mar 26th, 2020 by Saurenergy The Central Electricity Regulatory Commission, (CERC), in an order dated March 26 has maintained a line that has now become the de facto rule for all issues related to the introduction of GST and its impact on projects awarded beforehand. In this case, the petitioner was Hero Solar Energy Private Limited, which had won bids for […] Read more
