Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA Updated On Mon, Aug 10th, 2020 by Saurenergy ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […] Read more
Explaining India’s 175 GW Renewables Target. The Big Change Making It Possible Updated On Mon, Aug 10th, 2020 by Saurenergy Over the last few months, Mr. R.K Singh, the Minister of State (Independent Charge) of the Ministry of Power, Minister of State (Independent Charge) of the Ministry of New and Renewable Energy and Minister of State in the Ministry of Skill Development and Entrepreneurship, Government of India, has faced what must seem like a tiring […] Read more
4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh Updated On Fri, Aug 7th, 2020 by Saurenergy NTPC Ltd has concluded the e-reverse auction for its 1.2 GW solar tender awarding capacity to 4 winners in O2 Power, Tata Power, Azure Power, and AMP Energy NTPC Ltd has concluded the e-reverse auction for its tender for the selection of solar power developers for setting up 1.2 GW ISTS-Connected solar PV power projects […] Read more
Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC Updated On Thu, Aug 6th, 2020 by Saurenergy Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […] Read more
Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
GERC to Amend RPO Regulations Updated On Tue, Aug 4th, 2020 by Saurenergy Changes to (Procurement of Energy from Renewable Sources) (Third Amendment) Regulations Have Been Proposed The Gujarat Electricity Regulatory Commission (GERC) has proposed changes to regulations regarding procurement of energy from renewable energy generating sources; these will be the “Third Amendments in the GERC (Procurement of Energy from Renewable Sources) Regulations, 2010”. In the GERC proposal, […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
In Himachal, SHP Ordered to Pay Imbalance Charges Updated On Tue, Jul 28th, 2020 by Saurenergy HPPTCL Asked to Ensure Timely Commissioning of Barshaini Substation In a recent order, the Himachal Pradesh Electricity Regulatory Commission (HPERC) has directed M/s Sandhya Hydro Power Projects Balargha Pvt. Ltd. to pay imbalance charges amounting to Rs.2,14,18,511 to the Himachal Pradesh State Load Dispatch Centre (HPSLDC) for period beginning March 24, 2018 and ending December […] Read more
MNRE Guidelines For Off-grid Solar Power Plants in RESCO Mode Updated On Wed, Jul 22nd, 2020 by Saurenergy The Ministry for New and Renewable Energy (MNRE) has finally issued the guidelines for the implementation of off-grid solar power packs/ plants installed in RESCO mode and through model PPA. The newly issued guidelines follow the ministry’s order in April last year that extended Off-grid and Decentralized Solar PV Applications Programme –Phase III till March 31, […] Read more
