Maharashtra Discom Issues Tender For 1 GW RTC Power Supply Updated On Tue, Dec 17th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company (MSEDCL) recently released a tender to procure 1 GW of electricity from a power generating station, irrespective of the fuel type. This is applicable for renewable projects too. The Maharashtra discom now wants to procure the power under a Round-The-Clock (RTC) arrangement. The firm has planned to procure power for […] Read more
Indus Towers, JSW Arm Invest Rs. 38.03 Cr For 130 MW Solar Project Updated On Fri, Dec 13th, 2024 by Saurenergy Indus Tower, a Haryana-based telecom tower company today entered into a power purchase agreement (PPA) with JSW Green Energy Eight Limited, a special purpose vehicle (SPV). Under this agreement, Indus Tower would receive 130 MW of renewable energy from a solar power plant under captive mode. The company also agreed to make approximately Rs 38.03 […] Read more
Ambuja Cements Commissions 200 MW Solar Project At Khavda Updated On Fri, Dec 13th, 2024 by Saurenergy Ambuja Cements, a cement and building material company, today commissioned and began power transmission from its 200 MW solar power project in Khavda in Gujarat. The balance 806 MW capacity from this project is at various stages of commissioning and is expected to start transmitting in phases between March 2025 and June 2025. This development […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
MERC Grants Relief To Wind Company Due To Force Majeure Updated On Fri, Nov 8th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, provided relief to Clean Wind Power (Bhavnagar), a subsidiary of Hero Wind Energy Private Limited (Hero). This case highlights the importance for renewable energy developers to carefully draft contracts, anticipate potential disruptions, and ensure compliance with regulatory requirements to mitigate risks. In its order, MERC […] Read more
APTEL Order Adds Clarity On Treating Open Access Demand By Grid Operators Updated On Thu, Nov 7th, 2024 by Saurenergy In an order last week that will add a dash of clarity on how discoms treat demand from open access customers, the APTEL bench has ruled to set aside an order from MSEDCL where it had denied the open access quantum to a group of customers of Sai Wardha Power Generation Limited. MSEDCL had lost […] Read more
APTEL Rules Against Transferability of Banked Energy Updated On Tue, Oct 29th, 2024 by Saurenergy In an order last week, the Appellate Tribunal for Electricity (APTEL) delivered a key judgement on the transfer of banked wind energy between two projects belonging to the same firm. The case was filed by steel maker Maharashtra Seamless Limited versus the Maharashtra Electricity Regulatory Commission, Maharashtra State Electricity Distribution Co. Ltd., Maharashtra Energy Development […] Read more
EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender Updated On Thu, Oct 24th, 2024 by Saurenergy NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […] Read more
Oriana Power Secures 75 MW Solar Power Project At Maharashtra Updated On Mon, Oct 21st, 2024 by Saurenergy Uttar Pradesh-based Oriana Power secured an order to develop 75 MW solar power plant from Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Maharashtra. MSEDCL seeks to implement feeder level solarisation under Component C of PM-KUSUM Scheme with land and transmission line. The company has made a steady progress in the renewable energy segment as […] Read more
