SECI invites EPC tender for 100MW floating Solar Project in Ranchi Updated On Wed, Feb 16th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an international tender inviting players for an engineering, procurement and construction (EPC) project to install a 100 megawatt (MW) floating solar power plant in the state of Jharkhand. The tender says that the project will be based in the Getalsud Dam that lies near Ranchi. The […] Read more
As Power minister R.K. Singh responds to Telangana CM KCR, power reforms at risk? Updated On Wed, Feb 16th, 2022 by Saurenergy In a release yesterday, the Press Information Bureau(PIB), on behalf of the MNRE (Ministry of New and Renewable Energy) has carried a strong rebuttal from Power Minister R.K. Singh, of statements ascribed to Telangana Chief Minister K Chandrashekar Rao (KCR). R.K. Singh has termed as a ‘lie’, a claim attributed to KCR, that the central […] Read more
CERC pushes Developers to settle Change in law issues with SECI directly, not in court Updated On Tue, Feb 15th, 2022 by Saurenergy In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […] Read more
15 GW Solar Projects risk impact from BCD on April 2022, Says NSEFI Updated On Mon, Feb 14th, 2022 by Saurenergy With barely six weeks to go before the the Basic Customs Duties (BCD) on solar module imports(40%) and solar cells (25%) kick in, the National Solar Energy Federation of India (NSEFI) has written to the MNRE to make a case for grandfathering of these projects. By grandfathering, these projects would, in effect be exempt from […] Read more
India’s Hopes to Replace Diesel with Renewable Energy in Farms Rides on Solar, Mostly Updated On Mon, Feb 14th, 2022 by Saurenergy Headlines have been announcing India’s plans to shift from diesel to renewable energy for its farming sector. The headlines have taken off from a statement by Power and MNRE minister R.K. Singh during a meeting with officials on Friday. What the headlines do not indicate is how heavily this hope depends on two critical factors. […] Read more
Tender issued for 1MW Rooftop Solar for Sun Temple and Modhera in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy A tender for engineering, procurement and construction (EPC) has been issued by the Gujarat Power Corporation Limited (GPCL) for the installment of a minimum of 1 megawatt (MW) rooftop for India’s rich heritage hubs of the Sun Temple and the historical township of Modhera in Gujarat. The heritage site lies in the Mehsana district of […] Read more
Union Budget Raises Combined Expenditure of IREDA and SECI by 143% Updated On Fri, Feb 4th, 2022 by Saurenergy The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
