Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA Updated On Thu, Oct 28th, 2021 by Saurenergy The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […] Read more
The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
RTC Tender For 2.5 GW Thermal Plus Renewable Attracts L1 Bid of Rs 3.01 Updated On Mon, Oct 18th, 2021 by Saurenergy SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
RUMSL Floats Consultancy Tender for 950MW Solar+Battery Park in MP Updated On Mon, Oct 11th, 2021 by Saurenergy Rewa Ultra Mega Solar (RUMSL), a joint venture of the Solar Energy Corporation of India Limited (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVNL), has invited bids from consultants for transaction advisory services for a 950 MW ground-mounted solar PV park with battery energy storage solution (BESS) at Chhatarpur district, Madhya Pradesh. The deadline for […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
TVS Motor, Tata Power to Develop EV Charging Ecosystem in India Updated On Tue, Oct 5th, 2021 by Saurenergy Automaker TVS Motor Company and electric utility Tata Power are partnering to drive the implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations. The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India. This will also give the […] Read more
Jharkhand Misses Alt Energy Target, Govt Data Shows Updated On Thu, Sep 30th, 2021 by Saurenergy Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […] Read more
Tata Power-DDL Launches One-stop-shop Smart Energy Shoppe Updated On Thu, Sep 30th, 2021 by Saurenergy Tata Power Delhi Distribution Limited, a power utility supplying electricity to a populace of over 7 million in North Delhi, has announced the launch of a one-stop-shop Smart Energy Shoppe counter to promote the usage of energy-efficient products among its customer base. With this launch, it becomes the first distribution utility to set up a dedicated […] Read more
