AMPIN Energy, Sumitomo Collaborate To Boost RE In India Updated On Fri, Sep 13th, 2024 by Saurenergy Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
APTEL Sets Aside HERC Ruling, Awards Right To Sell Solar Power At Rs 5.68/unit Updated On Mon, Sep 9th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in a key judgement involving the Haryana Electricity Regulatory Commission (HERC), the Haryana Power Purchase Centre and some individual petitioners, issued an order setting aside the decision of HERC. In its order, the APTEL bench directed the HPPC to enter into a PPA to purchase power at the rate […] Read more
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
ReNew Signs 437.6 MW Green Attribute Pact With Microsoft Updated On Tue, Aug 27th, 2024 by Saurenergy ReNew, one of India’s leading renewable energy companies, announced the signing of a green attribute sale contract of 437.6 MW of capacity with American software technology giant-Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030. As part of the […] Read more
NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […] Read more
Draft Norms: MoP Proposes Timeline Of 66 Months For PSPs Updated On Fri, Aug 23rd, 2024 by Saurenergy The Ministry of Power (MoP) has now issued draft guidelines for the issuance of tenders related to Pumped Storage Projects (PSPs). The new proposed norms mandate that the on-river PSPs need to commence its operations after 66 months after the signing of the Power Purchase Agreement (PPA). For the off-river projects, the developers need to […] Read more
Bangalore Discom To Get Solar Power From Pavagada At Rs 2.89/unit Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Renew Energy Twenty Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company Limited (BESCOM) for a solar capacity of 300 MW. The project was awarded by the Karnataka Renewable Energy Development Limited (KREDL), the state nodal agency for renewable energy in Karnataka. The power […] Read more
GUVNL Issues Tender For 500 MW Solar Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy GUVNL recently released a tender for the procurement of power through a competitive bidding process for a 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up /under construction / already commissioned projects anywhere in India with Greenshoe option of additional capacity up to 500 MW without energy storage. The tender’s last date […] Read more
