National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
Rajasthan Issues Amendment For Determination of Tariff For Wind and Solar Energy Updated On Fri, Mar 15th, 2019 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued draft regulations for as a second amendment to the terms and Conditions for determination of tariff for renewable energy sources, specifically Wind and Solar Energy in the state. The latest amendments/regulation will supersede the regulations for determining tariffs which were first issued in 2014. Key Highlights: […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
CERC Issues New Regulation For Cross Border Trade of Electricity Updated On Thu, Mar 14th, 2019 by Saurenergy India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […] Read more
MNRE Seeks Suggestions on Draft Guidelines For Installation of Solar Pumps/Plants By Farmers Updated On Wed, Mar 13th, 2019 by Saurenergy Stakeholders have until March 22, 2019, to send their comments/ suggestions/ views on the draft guidelines. The Ministry of New and Renewable Energy (MNRE) has issued a notice inviting suggestions and comments from stakeholders on the draft guidelines for implementation of the scheme for farmers for installation of solar pumps and grid-connected solar power plants. […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
The Message from Gujarat. The Solar Price Squeeze to stay in 2019 Updated On Tue, Mar 12th, 2019 by Saurenergy After the boom of 2017, solar power developers in India ran into a big, if not completely unexpected problem. Government expectations of price drops, when it came to bidding at auctions. The cancellation of the 1000 MW auction by Gujarat Urja Vikas Nigam Limited (GUVNL), for its Dholera solar park site was on expected lines. […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra Updated On Mon, Mar 11th, 2019 by Saurenergy The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […] Read more
