DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears Updated On Fri, Apr 29th, 2022 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […] Read more
April power demand hits new peak at 5,769MW in Delhi Updated On Thu, Apr 28th, 2022 by Saurenergy Delhi’s peak power demand broke yet another record on Wednesday and clocked 5,769 megawatt (MW) at 3.30pm, which is the highest ever for the national capital in April. The peak power demand had clocked 5,681 MW in Delhi on Tuesday. Sources said the previous record was 5,761 MW, registered just a week before, on April […] Read more
Statkraft inks 300 GWh RE PPA with German cement mfr Updated On Fri, Apr 22nd, 2022 by Saurenergy Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […] Read more
Boralex, Energir, Hydro-Quebec Collaborate to develop 1.2 GW Wind Energy in Quebec Updated On Wed, Apr 20th, 2022 by Saurenergy Canada’s leading energy players Boralex, Energir and Hydro-Quebec have come together for the development of three wind power projects with a combined capacity of 1200 MW, in Quebec province. The 400 MW Des Neiges Wind Farm – South will come up in the RCM of La Cote-de-Beaupre. Then 400MW Des Neiges Wind Farm – Charlevoix […] Read more
GRIDCO Will Buy 200MW Solar Power from NTPC Updated On Tue, Apr 19th, 2022 by Saurenergy Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […] Read more
APTEL Asks GERC To Reconsider Decision To Adjust Dues From Wind Project Against Unrelated Default Updated On Thu, Apr 7th, 2022 by Saurenergy In a rather interesting judgement, the Appellate Tribunal for Electricity (APTEL) has set aside an order passed by the Gujarat Electricity Regulatory Commission (GERC) in 2019 to reject a wind developer’s claims for the payment of dues. APTEL has ordered GERC to review the matter with an “open mind” and “not feeling bound by any view […] Read more
Deal & Capital Structuring Updated On Wed, Apr 6th, 2022 by Saurenergy The company is looking to recruit an ambitious and energetic professional to join its Deal and Capital Structuring team working to maximise the profitability and robustness of candi’s products whilst optimizing the cost and terms of capital to finance those products, thereby helping candi to lead the revolution of solar for SMEs. The successful applicant […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
Himachal Government Hikes State Subsidy to Rs 6,000/kW for Rooftop Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The state government of Himachal Pradesh has proposed to increase the subsidy for grid connected rooftop solar power installations in the state. The move is aimed to encourage the domestic players and households to adopt and install solar power systems. HIMURJA said that the subsidy will be increased from Rs 4,000 for every kilowatt to […] Read more
