C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
Tezpur University Generating 90,000 kW of Solar Electricity Every Month Updated On Fri, Aug 21st, 2020 by Saurenergy Tezpur University in Assam is generating on average – nearly 90,000 kW of electricity every month through its 1 MW on-campus rooftop solar power systems. The Tezpur University in Assam has said that it is generating on average – nearly 90,000 kilowatts (kW) of electricity every month through its 1 MW on-campus rooftop solar power […] Read more
SECI Extends Deadline for 15 MW Floating Solar Tender Updated On Thu, Aug 20th, 2020 by Saurenergy SECI has once again extended the bid submission deadline for its tender for 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for the selection of solar power developers for setting up of 15 MW grid-connected […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
SECI Amends Bid Deadline for 5 MW Solar Plant at Tuticorin Port Updated On Tue, Aug 18th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for the 5 MW solar PV plant at the V. O. Chidambaranar Port Trust in Tuticorin The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for the commissioning of a 5 MW grid-connected solar […] Read more
MERC Approves Tariff of Rs.2.59/kWh for a Hybrid Project Updated On Tue, Aug 18th, 2020 by Saurenergy TPC-D had approached the commission seeking tariff approval The Maharashtra Electricity Regulatory Commission (MERC) at the behest of Tata Power Company Limited (Distribution) (TPC-D) has approved the tariff of Rs.2.59/kWh for evacuation of power from a wind+solar hybrid renewable energy project of capacity 225 MW. The project will be set up in parts in Rajasthan […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
