Govt Provides Relief to Discoms amid Covid-19 Crisis Updated On Mon, Mar 30th, 2020 by Saurenergy In a next spell of providing relief measures to the country’s ailing power sector amid lockdown due to coronavirus crisis, Power Minister RK Singh has now provided relief to power distribution companies (Discoms), with an aim to ease out their liquidity problems. The Power Ministry has approved financial relief measures for Discoms citing “due to […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam Updated On Fri, Mar 27th, 2020 by Saurenergy Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […] Read more
Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh Updated On Fri, Mar 27th, 2020 by Saurenergy One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […] Read more
Peak Power Demand Drops 22 Percent to 127.96 GW due to Lockdown Updated On Fri, Mar 27th, 2020 by Saurenergy Peak power demand in the country declined by around 22 percent to 127.96 GW on March 25, 2020, showing the impact of lockdown amid the COVID-19 outbreak. Peak power demand in the country declined by around 22 percent to 127.96 GW on March 25, 2020, compared to 163.72 GW on March 20, showing the impact of lockdown amid COVID-19 outbreak. […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p Updated On Thu, Mar 26th, 2020 by Saurenergy The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Coronavirus Impact on Power-Collections And More Updated On Tue, Mar 24th, 2020 by Saurenergy Power Discom BSES Rajdhani Power Ltd (BRPL) has now suspended some of its services including meter reading and bill delivery until further directions from the Delhi Electricity Regulatory Commission (DERC). However, the state Discom said that provisional bills will be raised as per the DERC guidelines. The move came after the government has enforced lock-down […] Read more