IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
With A Vision of 100 GW Solar Rooftop Potential, NSEFI launches Awareness Campaign Across India Updated On Tue, Jun 7th, 2022 by Saurenergy The National Solar Energy Federation of India (NSEFI), one of the leading industry bodies for the sector with a high developer presence, has launched the “Ghar Ke Upar Solar is Super” Pan-India Rooftop Solar Awareness Campaign. Starting with Bidar in Karnataka, the campaign was launched by Union Minister of State, MNRE Bhagwant Khuba along with […] Read more
Focus On Policy Reforms At RenewX Hyderabad This Year Updated On Mon, Jun 6th, 2022 by Saurenergy As the 6thedition of RenewX, a two-day Renewable Energy trade expo scheduled on June 10 and 11, 2022 at the Hitex, Hyderabad comes around, for organiser Informa Markets, it’s time to put the spotlight on policy reforms. Seen as the biggest renewable energy event in South India, RenewX 2022 expo and conference will convene business, policy and finance experts from across […] Read more
Tamil Nadu Generating, Evacuating And Selling Record Wind Energy – says IWPA Updated On Mon, Jun 6th, 2022 by Saurenergy Tamil Nadu is generating and selling wind power which is promoting the cause of renewables. K. Kasthurirangaian, chairman of Indian Wind Power Association (IWPA), has said that Tamil Nadu Transmission Corporation (Tantransco) is doing a good job of evacuating maximum wind energy and the organization should continue the heightened evacuation of wind energy in future […] Read more
ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW Updated On Fri, Jun 3rd, 2022 by Saurenergy Renewably energy player ReNew Power has announced that it has signed definitive agreements to acquire an operating wind and solar portfolio of about 528 MW. The green power capacity comprises 471 MW of wind and 56 MW of solar assets. ReNew Power has also signed a power purchase agreement (PPA) with Maharashtra’s MSEDCL for a […] Read more
Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy Updated On Fri, Jun 3rd, 2022 by Saurenergy Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership […] Read more
India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22 Updated On Thu, Jun 2nd, 2022 by Saurenergy India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […] Read more
Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock Updated On Tue, May 31st, 2022 by Saurenergy In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
