BPCL Signs Pact with SECI to Install 10GW RE Capacity by 2040 Updated On Mon, Dec 27th, 2021 by Saurenergy Fuel retailer Bharat Petroleum Corporation (BPCL) announced it has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to set up 10 Gigawatt (GW) of renewable energy capacity by 2040. The move is also significant in that BPCL has been marked out for disinvestment or complete privatisation by the government, in […] Read more
PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading Updated On Tue, Dec 21st, 2021 by Saurenergy India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs Updated On Thu, Dec 9th, 2021 by Saurenergy In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […] Read more
India’s Journey Towards Clean Energy Transition in 2022: Stepped Approach Updated On Mon, Dec 6th, 2021 by Saurenergy By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for India’s energy transition roadmap. PM Modi’s Paris pledge has given a shot in the arm for the country’s transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean […] Read more
Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
India At 75 And Beyond. Solar’s Starring Role Updated On Mon, Nov 29th, 2021 by Saurenergy India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […] Read more
