BERC Issues Draft Regulations to Determine RE Tariffs Updated On Mon, Aug 24th, 2020 by Saurenergy Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […] Read more
TANGEDCO to Pay Dues For 26.85 MW of Wind Projects Updated On Mon, Aug 24th, 2020 by Saurenergy TNERC passed orders in four cases and found TANGEDCO to be at fault at each count The state distribution company of Tamil Nadu, Tamil Nadu Generation and Distribution Corporation (TANGEDCO) must now swiftly pay pending dues to wind power generators in Tamil Nadu. Dues amounting to Rs.2,40,63,241 are owed by TANGEDCO to wind energy project […] Read more
Will The Andhra Pradesh Saga Reach Endgame With Central Intervention? Updated On Mon, Aug 24th, 2020 by Saurenergy In a further turn to the ongoing tussle between developers in Andhra Pradesh and the state government there through its discoms, the National Solar Energy Federation of India (NSEFI), the apex body of solar energy developers in the country, has reached out once again to the state’s chief Minister to intervene, and for good measure, […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
Centre has Assured it Will Provide Subsidy for 1000 E-Buses in Delhi: Gahlot Updated On Fri, Aug 21st, 2020 by Saurenergy Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 e-buses in the city. Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 electric buses (e-buses) in the city. Gehlot confirmed the news after his meeting […] Read more
HERC Proposes Reverse Auction for Transmission Projects Updated On Fri, Aug 21st, 2020 by Saurenergy HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […] Read more
The Rising Need for Smarter PV Solution in APAC Updated On Thu, Aug 20th, 2020 by Saurenergy The Asia Pacific region has become an exciting renewable energy market in recent years. Many countries with a planned capacity exceeding 1GW have emerged in a short period of time from this part of the world, which injected strong momentum to the PV industry. The local governments have started to provide ample support to the […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more