Ministry of Power Releases Guidelines For Uniform Renewable Tariff Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS). It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […] Read more
Enfinity Continues Italian Conquest with 97 MW Agreement Updated On Wed, Oct 25th, 2023 by Saurenergy Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […] Read more
Govt Issues Renewable Consumption Targets For Discoms, Others Updated On Tue, Oct 24th, 2023 by Saurenergy The Ministry of Power, in its latest notification, issued a trajectory of renewable energy consumption for discoms, open access and captive power consumers. The new norms make these obligated entities to phase out the usage of fossil fuels in a phased manner. The new mandate was issued as per Section 14 of the Energy Conservation Act, […] Read more
Adani Green Appoints Sangkaran Ratnam As Additional Director (Non-Executive) Updated On Mon, Oct 23rd, 2023 by Saurenergy Adani Green Energy Limited (AGEL) has appointed Sangkaran Ratnam as its Additional Director (Non-Executive, Nominee) with effect from October 23, 2023. The development came after it received a nomination letter from Total Energies Renewables and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the company’s latest filing to BSE […] Read more
CERC Allows Wind Generator To Procure REC Despite Delayed Plea Updated On Mon, Oct 23rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief. Leo Fasteners had claimed that despite being a renewable energy generator, […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
RK Singh Promises More Stringent ALMM Norms For PV Module Makers Updated On Fri, Oct 20th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh today claimed that the Ministry would soon make the provisions of the Approved List of Module Manufacturers (ALMM) more stringent to boost the Make in India initiative. He also said that the likely move could boost the efficiency of the solar modules, too. He was speaking […] Read more
TNERC Clarifies Deviation Charges for RE Generators in Draft Regulations Updated On Fri, Oct 20th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has released the draft Forecasting, Scheduling and Deviation Settlement and related matters for wind and solar generation) Regulations, 2023. The draft Regulations will be taken into consideration after the expiry of thirty days from the date of publication of the notification on the TNERC website. The Regulations have […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
