CERC Declines to Review Order on Tariffs on Plea by TPDDL Updated On Mon, Jul 26th, 2021 by Saurenergy In a judgement released on July 24, 2021, the Central Electricity Regulatory Commission (CERC) has rejected the plea of Tata Power Delhi Distribution Limited (TPDDL) to review an old order which carried incorrect tariff figure with regards to a power supply agreement signed with Solar Energy Corporation of India (SECI). The issue was the inadvertent […] Read more
BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables Updated On Fri, Jul 23rd, 2021 by Saurenergy The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […] Read more
Solar Tracker Firm GameChange Solar Sets Up Office in Bangalore Updated On Thu, Jul 22nd, 2021 by Saurenergy GameChange Solar, which manufactures fixed tilt structures and solar trackers, is setting up an office in Bangalore, Karnataka. The company currently has approximately 400 MW of solar under construction in India. It plans to build its business development staff at the India office over the next year. Additionally, the India office will also be responsible […] Read more
Deputy Manager / Manager – Contracts Updated On Thu, Jul 15th, 2021 by Saurenergy Term sheets and O&M contract execution with various OEMs for Wind assets operations and maintenance. O&M contracts execution including SECI- I, II, III, GUVNL bid contracts, etc. Formulation and execution of various other business agreements, settlement agreements, technical agreements, spares supply agreements, etc. Ensuring Contractual Compliance in terms of performance warranties and other deliverables in […] Read more
IndiGrid InvIT Completes Rs 660 crore Acquisition Of Fotowatio’s India Solar Assets Updated On Wed, Jul 14th, 2021 by Saurenergy IndiGrid, the Infrastructure investment trust (InvIT) has announced the formal acquisition of the entire stake in two solar energy assets with cumulative capacity of 100 MW from Spanish developer Fotowatio Renewable Ventures (FRV) at an enterprise value of Rs 660 crore. The firm had actually made a regulatory filing on these back in December 2020. […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction Updated On Mon, Jul 12th, 2021 by Saurenergy We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […] Read more
Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid Updated On Mon, Jul 12th, 2021 by Saurenergy Tata Power (TP Saurya Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
