SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 29th, 2021 by Saurenergy Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects Updated On Thu, Feb 18th, 2021 by Saurenergy MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […] Read more
Australia Joins India with Delays in RE Projects Updated On Tue, Aug 25th, 2020 by Saurenergy If you thought India was the only place hit by extended delays and potential cancellations, think again. Australia, which has had a stop-start relationship of its own with renewable energy, especially utility scale solar and wind, has fallen into the same trap. Of course, there, more than just policy, it has been issues related to […] Read more
Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission Updated On Tue, Jun 2nd, 2020 by Saurenergy Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, […] Read more
MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus Updated On Sat, Feb 22nd, 2020 by Saurenergy With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […] Read more
ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale Updated On Fri, Jan 17th, 2020 by Saurenergy ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […] Read more
Canadian Solar Cuts Q4 Revenue Guidance Due to Delayed Project Sale Updated On Mon, Jan 15th, 2018 by Saurenergy Canadian Solar noted that in September and October 2017, it had entered into definitive agreements with two buyers to sell a portfolio of six solar power projects in California, totaling 703 MWp. Canadian Solar Inc has lowered revenue projections for the fourth quarter and full year 2017 due to a delay in completing the sale […] Read more
NSEFI accuses NTPC and NVVN for delaying issue of CoD certificate to solar projects Updated On Thu, Jun 29th, 2017 by Saurenergy NTPC and its trading arm NVVN are delaying in providing CoD certificates to plants commissioned in March, 2017, even after three months of their commissioning, although contractually required to provide CoD from 30th day of commissioning,” said NSEFI in a letter to power secretary The National Solar Energy Federation of India (NSEFI) has blamed NTPC […] Read more
