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SJVN and DVC Ink MoU For Floating Solar Energy Projects

Continuing the PSU push into solar, SJVN Limited has entered into a MoU (Memorandum of Understanding) with Damodar Valley Corporation (DVC) for harnessing potential Solar Energy of about 2000 MW available under the DVC Command Area. SJVN and DVC will jointly identify suitable water-bodies and available land under the SJVN and DVC command area for […]

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APTEL Leans With Rajasthan Solar Park Developer On Jurisdiction Issue

In an interesting judgement on the rights and powers of Solar Park Developers in states, the Appellate Tribunal for Electricity (APTEL), in an order yesterday, has laid down the operating rules for such situations. The tribunal was acting on a plea by the Saurya Urja Company of Rajasthan Limited, which runs the Bhadla Solar park, […]

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CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions

The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties  petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021

The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […]

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Tata Builds Submersible Power Substation to Ease Congestion in Delhi

Power utility Tata Power Delhi Distribution Limited, which supplies electricity to over 7 million people in North Delhi, has installed a “first-of-its-kind” submersible power substation in Gujranwala Town, New Delhi, to augment the power infrastructure of its operational area. In collaboration with Toshiba Transmission & Distribution Systems (India) Pvt. Ltd., Tata Power has installed a […]

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AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear

Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […]

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MERC approves MSEDCL To Procure At Rs 3.05 For 111 MW Solar projects under MSKVY

In an order issued last week, the Maharashtra Electricity Regulatory Commission (MERC) gave its approval to Maharashtra State Electricity Distribution Company Limited for starting the procurement process of 111 MW of grid connected Solar power projects under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ (MSKVY). The order covers a total of 33 respondent firms who had […]

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Azure Power Q2 Results. Not Enough To Enthuse Investors

The NYSE listed Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. […]

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