CERC Directs SECI to Compensate TPREL Irrespective of Dues from DISCOMS Updated On Tue, Jan 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) has given a nod to Tata Power Renewable Energy Limited’s ( TPREL) claim for compensation caused by change in law events due to enactment of GST Laws. TPREL had entered into a PPA with SECI and claimed compensation of Rs. 48,88,44,968 along with the carrying cost towards compensation for […] Read more
CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP Updated On Wed, Jan 4th, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking dedicated to the solar energy sector, has issued an RFS for selection of vendors under Component-B of PM-KUSUM Scheme of MNRE. This particular component looks at “installation of 20 lakh standalone solar powered agriculture pumps” and “CFA of 30% of the benchmark cost or […] Read more
Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI Updated On Mon, Jan 2nd, 2023 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […] Read more
Scatec India, O2 Power And SJVN Emerge Winners From SECI’s 1.2GW Wind Tender Updated On Fri, Dec 23rd, 2022 by Saurenergy Read more
Scatec India, O2 Power And SJVN Emerge Winners From SECI’s 1.2GW Wind Tender Updated On Fri, Dec 23rd, 2022 by Saurenergy The year end has brought glad news for Scatec India, SJVN and O2 Power, as the three firms emerged with the only allotments from SECI’s 1.2 GW wind energy tender (Tranche XIII) issued in January this year. In terms of actual bids, SJVN was the lowest bidder, having quoted Rs 2.90/unit for a 100 MW […] Read more
SECI Invites Request for Selection for 1.2 GW Hybrid Power Projects Updated On Wed, Dec 21st, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an assured peak power supply in India under a tariff-based competitive bidding process. The last date for submitting the online bid is January 12, 2023 (for online submission) & January […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI Updated On Mon, Nov 21st, 2022 by Saurenergy Read more
