MNRE Continues To Bat For Renewable Energy. Will It Be Enough? Updated On Mon, Apr 6th, 2020 by Saurenergy Continuing with its quick moves, after every such incident, the Ministry of New and Renewable Energy has clarified again that distribution companies that do not honour their power purchase agreements will be charged for ‘deemed generation.’ In other words, if they happen to curtail power from RE producers despite the instructions to treat them as ‘must […] Read more
MNRE Offers Solutions for Invoicing for Renewable Energy Supplied During Lockdown Updated On Thu, Apr 2nd, 2020 by Saurenergy MNRE has issued a new notification, offering viable solutions for invoicing for renewable energy (RE) supplied during the ongoing lockdown The Ministry of New and Renewable Energy (MNRE) has issued a new notification to offer relief to stakeholders as the renewable energy industry grapples with the ongoing lockdown imposed to combat the spread of the […] Read more
Fresh CERC Order On Adani Green Energy Plea Establishes Ground Rules Updated On Tue, Mar 31st, 2020 by Saurenergy In a judgement uploaded on March 27, the Central Electricity Regulatory Commission has iterated the by now established view on GST change, where it has regularly been accepting it as a change in law. It has also allowed restitution to developers accordingly, payable by implementing agencies SECI and NTPC respectively, subject to the providing of […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
Peak Power Demand Continues Fall, Down 28% Since March 20 Updated On Tue, Mar 31st, 2020 by Saurenergy Peak power demand in the country dipped over 28% to 117.76 GW on Saturday – March 28, as compared to 163.72 GW on March 20 Peak power demand in the country dipped over 28 percent to 117.76 gigawatts (GW) on Saturday – March 28, 2020, as compared to 163.72 GW on March 20, showing the impact of nationwide lockdown […] Read more
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
Acciona to Build 1026 MW Wind Farm in Queensland Worth EUR 1 Bn Updated On Fri, Mar 27th, 2020 by Saurenergy Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. The project will boost the […] 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
