MNRE Asks States to not Halt Payments for RE Generators Updated On Fri, Apr 3rd, 2020 by Saurenergy MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
CERC Sticks to the Script in Judgement on Hero Solar Petition Updated On Thu, Mar 26th, 2020 by Saurenergy The Central Electricity Regulatory Commission, (CERC), in an order dated March 26 has maintained a line that has now become the de facto rule for all issues related to the introduction of GST and its impact on projects awarded beforehand. In this case, the petitioner was Hero Solar Energy Private Limited, which had won bids for […] Read more
Long Standing Issues of Long-Term Power Purchase Agreements Updated On Tue, Mar 24th, 2020 by Saurenergy The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy Updated On Tue, Mar 24th, 2020 by Saurenergy Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of […] Read more
Deadline for 4 MW Floating Solar Plus BESS Tender Extended Again Updated On Tue, Mar 24th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for 4 MW floating solar projects with 2 MW/ 1 MWh BESS in North Andaman for the fourth time. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power […] Read more
Tender Issued for 2000 MW Wind Power Projects in India Updated On Mon, Mar 23rd, 2020 by Saurenergy SECI has tendered for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in India under Tranche-IX. The Solar Energy Corporation of India (SECI) has issued a tender for the selection of wind power developers for setting up of 2000 MW of ISTS-connected wind power projects in […] Read more
SECI Extends Bid Deadline for 4 MW Floating Solar Plus BESS Tender. Again. Updated On Thu, Mar 12th, 2020 by Saurenergy SECI has extended the bid submission deadline for its 4 MW floating solar plus 2 MW/01 MWh BESS tender at the Andaman and Nicobar Islands for a third time The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 […] Read more
GUVNL 500 MW Solar Tender Attracts Only 3 Bids Worth 430 MW Updated On Wed, Mar 11th, 2020 by Saurenergy GUVNL has revealed all the technically qualified bidders for its 500 MW solar PV power projects tender. Receiving only 3 bids worth 430 MW. The Gujarat Urja Vikas Nigam Limited (GUVNL) has revealed all the technically qualified bidders who will now participate in the price bids stage and e-reverse auction for the tender for the […] Read more