Hindustan Zinc Looking to Offload Wind Energy Assets Updated On Tue, Jun 23rd, 2020 by Saurenergy Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra Updated On Fri, Jun 19th, 2020 by Saurenergy Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter 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
MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] Read more
SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
AIPEF Appeals to the PM to put new Electricity Bill on Hold Updated On Tue, Jun 16th, 2020 by Saurenergy AIPEF has appealed to the PM to put the draft Electricity Bill on hold as it is against the federal structure of the country wherein electricity is a concurrent subject The All India Power Engineers Federation (AIPEF) has appealed to the prime minister to put the draft Electricity (Amendment) Bill on hold as it is against the federal structure […] Read more
Bengal Chief Minister Joins Building Chorus Against Electricity Act Amendments Updated On Mon, Jun 15th, 2020 by Saurenergy The Electricity Act Amendment Bill (2020), slated for a possible introduction in the coming session of parliament, faced a predictable salvo yesterday. West Bengal Chief Minister Mamta Banejee termed its provisions ‘anti- federal’ and even ‘inhuman’ to be brought up at a time when the pandemic is raging. In a strongly-worded letter to Prime Minister […] Read more
Andhra Govt Approves Proposal for 10 GW Mega Solar Project Updated On Fri, Jun 12th, 2020 by Saurenergy The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure uninterrupted supply to farmers during daytime The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure an uninterrupted 9-hour power supply to farmers during the daytime, besides […] Read more
