GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ Updated On Thu, Apr 13th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement. The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […] Read more
Shakti Pumps Gets Patent for Inventing Switching Circuit To Start Single Phase-Induction Motor Updated On Mon, Apr 10th, 2023 by Saurenergy Shakti Pumps Limited, a manufacturer of energy-efficient pumps and motors, has received a patent for inventing a “Switching Circuit To Start Single Phase-Induction Motor”. Intellectual Property India, a Ministry of Commerce & Industry Organisation awarded the patent to the firm, in accordance with the provisions of the Patents Act, 1970. It will hold a validity […] Read more
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
INOX Partners Tata Power Saurya Bandita for 40 MWp Captive Solar Plant Updated On Tue, Apr 4th, 2023 by Saurenergy INOX Air Products (INOXAP), which claims to be India’s largest manufacturer of industrial and medical gases has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up a captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of a 40MWp, would […] Read more
Maharashtra Renewable Energy Grows By 9% Last Fiscal Updated On Thu, Mar 9th, 2023 by Saurenergy The state economic survey of Maharashtra for the period of 2022-23, is out and it paints a bright picture as far as renewable energy is concerned in the state. The state economic survey held that there has been a reasonable jump in the renewable capacity of the state. In 2022-23 financial year, the installed renewable […] Read more
MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment Updated On Wed, Feb 8th, 2023 by Saurenergy MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
4000 Homes with Solar Panels & EV Parking To Be Up For Grabs in Maharashtra Soon Updated On Tue, Jan 24th, 2023 by Saurenergy Homeowners have finally begun to recognise the benefits that solar offers. With around 40% subsidy on offer by the Government, residential solar rooftop is easy on the pocket. There is 20% subsidy for group housing societies and RWAs. Additionally, there is payback of as low as four years on investment. This awareness is complemented by […] Read more
