CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
Could PSPCL Overcome Financial Strife With Solar Deals? Updated On Thu, Jan 11th, 2024 by Saurenergy Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn’t have failed to notice the higher frequency of solar tenders from the state entity in […] Read more
Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023 Updated On Wed, Dec 20th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade. Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […] Read more
OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering Updated On Tue, Nov 28th, 2023 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services. As per the tender documents, the interested […] Read more
CERC Asks Karnataka SLDC To Compensate RE Generator For Curtailment Updated On Wed, Nov 15th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement asked the Karnataka State Load Despatch Centre (SLDC) and other respondents in the case to compensate two solar power generators for curtailment. The order came to the fore when the generators moved to the central commission seeking compensation against the curtailment of renewable power due to orders […] Read more
Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates Updated On Tue, Nov 14th, 2023 by Saurenergy A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […] Read more
NTPC REL Floats Tender for 900 MW Solar Projects In Andhra Pradesh Updated On Thu, Nov 9th, 2023 by Saurenergy The renewable energy arm of NTPC, NTPC Renewable Energy Limited (NTPC REL) has invited online bids from eligible bidders on single stage two envelope, (viz. envelope-I: techno-commercial bid and envelope-II: price bid) for land and power evacuation package for the development of 900 MW ISTS connected solar PV projects in Kurnool, Andhra Pradesh with the […] Read more
Haryana Releases Draft Solar Policy, Aims To Install 6GW RE Power Updated On Wed, Nov 8th, 2023 by Saurenergy The Haryana New and Renewable Energy Department has published its latest draft Solar Policy 2023. It has asked the stakeholders concerned to submit their opinion on the same within the next one month. In the latest draft note, the state renewable department aimed to install a cumulative 6000 Megawatt (MW) by 2030 in Haryana. The agency […] Read more
UPNEDA Revises Norms in 150 MW Solar RFS Under PM KUSUM Updated On Mon, Nov 6th, 2023 by Saurenergy UPNEDA (Uttar Pradesh New Energy Development Agency) had issued a tender for procurement of power through tariff based competitive bidding process from grid connected solar power plants connected to selected segregated agriculture feeder of distribution substation cumulative capacity of 150 MW for sale of power to UPPCL at various locations in Uttar Pradesh through RESCO […] Read more