CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities Updated On Fri, Oct 1st, 2021 by Saurenergy In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Could KUSUM Deliver Crucial GW’s to Solar Target for 2022 Updated On Wed, Sep 8th, 2021 by Saurenergy India’s solar capacity target of 100 GW installations by 2022, which has been hit by multiple blows due to payments, policy, legal and finally the covid hurdle, has been up for speculation for some time now. While some of us observers have been predicting a miss since 2019, others have become more insistent about it […] Read more
6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
Tata Power, AlJomaih Winners in RUMSL’s 500 MW Neemuch Solar Park Auction Updated On Wed, Aug 11th, 2021 by Saurenergy RUMSL’s third 500 MW auction continued to attract ever lower bids, as TP Saurya (Tata Power), and Saudi firm AlJomaih Energy and Water Company, pocketed the Neemuch park bids. While Tata Power won two parcels of 170 MW and 160 MW at Rs 2.14 and 2.149 respectively, Aljomaih won the remaining 170 MW with a […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
ACME, Renew Win MSEDCL 500 MW Solar Tender Updated On Thu, Jul 8th, 2021 by Saurenergy ACME Solar continued its strong return to markets in 2021, with another 300 MW win in Maharashtra State Electricity Distribution Company Limited (MSEDCL)’s 500 Mw solar tender. ACME bid at Rs 2.42 /unit. The second winner was another renewable energy firm that has opened up better capital market access recently, ReNew Power, which bid Rs […] Read more
RERC Extends Implementation of New Rooftop Solar Rules Till Mid Sept Updated On Fri, Jul 2nd, 2021 by Saurenergy The Rajasthan Electricity Regulator Commission (RERC) has extended the the implementation date of new net metering norms for solar rooftop projects, which benefit only household consumers and bars commercial projects with over 10 kilowatt capacity, from July 1, 2021, to September 15, 2021. Under net metering, the consumer uses cheaper rooftop solar power instead of the […] Read more
