The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India Updated On Thu, Mar 25th, 2021 by Saurenergy ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […] Read more
AGL Announces Construction of Grid-Scale Battery, Takes FID on 250 MW Project Updated On Thu, Mar 25th, 2021 by Saurenergy Australia based integrated essential service provider AGL energy has announced that the construction of a 250 megawatt (MW), one-hour duration grid-scale battery at Torrens Island will begin this year, following AGL’s final investment decision (FID) on the project. South Australia is leading the way in the rollout of AGL’s 850 MW network of grid-scale batteries […] Read more
GE Secures 2nd Wind Farm Project in Binh Thuan Province of Vietnam Updated On Wed, Mar 24th, 2021 by Saurenergy GE Renewable Energy announced that it has been awarded a contract by Vietnam Join-Stock Construction Electricity Corporation (VNECO) to supply a total of eight of GE’s 3.8-137 MW wind turbines to support construction of the Thuan Nhien Phong (TNP) wind farm in Binh Thuan province, in the South-Central Coastal region of Vietnam. The contract also provides a […] Read more
970 Government Funded Public EV Charging Station Installed in India so far Updated On Wed, Mar 24th, 2021 by Saurenergy Answering questions on progress made by Power Ministry in establishing the EV charging stations in India, RK Singh has detailed the initiatives of the Power Ministry and that 970 public stations have been installed so far. Answering a question raised in the Rajya Sabha on the progress made by government-backed agencies in establishing the Electric […] Read more
Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
