APTEL Reinstates Inox Subsidiary’s 50MW Wind Project Updated On Thu, Jan 13th, 2022 by Saurenergy Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. “Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
Azure’s $250 Million Rights Offer Open, To Close On Jan 24 Updated On Mon, Jan 10th, 2022 by Saurenergy NYSE listed Azure Power Global Ltd (NYSE:AZRE) rights issue has opened on January 7, with a target to rise upto $ 249.9 million. Pursuant to the rights offering, each shareholder will get one non-transferable subscription right for every equity share held on the record date of January 6, 2022. Each right will entitle the holder […] Read more
Azure Power Commissions 600 MW Project In Rajasthan Updated On Tue, Jan 4th, 2022 by Saurenergy NYSE listed Azure Power yesterday announced the successful commissioning of its largest project- 600 MWs Interstate Transmission System (ISTS) connected solar project, allocated by Solar Energy Corporation of India (SECI). The project is in Bikaner, Rajasthan and the power generated from the project will be supplied to SECI at a tariff of INR 2.53 (~US 3.5 cents) […] Read more
MNRE Updates Wind Manufacturer’s RLMM List, 15 Players Make The Cut Updated On Thu, Dec 30th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its revised list of Wind Turbine Models and Manufacturers approved for use within India. The fresh Revised list of Models and Manufacturers (RLMM) comprises exclusively onshore wind turbine models, with some interesting takeaways from the list. The list comprises 15 approved firms in all, a […] Read more
Siemens Gamesa to Supply Turbines for 302MW Wind Farm in Karnataka Updated On Tue, Dec 28th, 2021 by Saurenergy Siemens Gamesa has secured a new order in India from Ayana Renewable Power Six Private Limited to supply a 302MW wind power project. The company will provide 84 units of its SG 3.6-145 wind turbine for the purpose of installation in the Gadag district of Karnataka. Ayana first partnered with Siemens Gamesa in 2019 for […] Read more
SJVN and DVC Ink MoU For Floating Solar Energy Projects Updated On Fri, Dec 24th, 2021 by Saurenergy 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 […] Read more
APTEL Leans With Rajasthan Solar Park Developer On Jurisdiction Issue Updated On Wed, Dec 22nd, 2021 by Saurenergy 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, […] Read more
CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions Updated On Tue, Dec 21st, 2021 by Saurenergy 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 […] Read more
